TradFi & Institutional Real World Asset Platforms + Apps For Stocks, Bonds + ETF RWAs
Traditional Finance (TradFi) and Real World Assets (RWAs) are making their way onto the Solana blockchain, bridging the gap between conventional financial markets and digital innovation. As institutional investors and traditional traders seek more efficient, cost-effective ways to interact with stocks, bonds, ETFs, and other traditional financial instruments, Solana's high-performance blockchain offers an ideal foundation for these applications.
With its lightning-fast transactions and minimal fees, Solana has become a preferred platform for tokenizing real-world assets and creating on-chain representations of traditional financial products. These applications enable users to access familiar investment vehicles with the added benefits of blockchain technology: 24/7 trading, instant settlement, enhanced transparency, and increased accessibility.
Below, we explore the leading Solana-based applications that are revolutionizing how we interact with traditional financial assets in the digital age.
Top TradFi & Institutional Real World Assets: Stocks, Bonds, ETF RWAs projects
168 projects · ranked by 24h on-chain users
Wyoming Stable Token Commission
The Wyoming Stable Token Commission represents a novel entry point for institutional and government-grade stablecoin infrastructure on Solana. Franklin Templeton manages the reserves backing FRNT under a formal contract, with Fiduciary Trust Company International serving as custodian. The reserve portfolio is held in U.S. dollars, cash equivalents, and short-term U.S. Treasury instruments, and the Commission completed three independent security audits before public launch. The project's statutory grounding distinguishes it from private issuers: the Wyoming Stable Token Act created a five-member Commission with permanent seats for the governor, state treasurer, and state auditor, and mandated that reserve interest income flow to Wyoming's public school system. Fireblocks provides digital asset security infrastructure. Cross-chain bridging migrated from LayerZero to Chainlink CCIP in August 2026 following a proactive security review — making FRNT the first U.S. government entity to switch cross-chain infrastructure providers on explicit security grounds.
World Liberty Financial
World Liberty Financial positions itself explicitly at the intersection of decentralized finance and traditional financial infrastructure, operating under the tagline Where DeFi Meets TradFi. Its USD1 stablecoin is backed by short-term US Treasuries, bank deposits, and cash equivalents held at BitGo Trust Company, with reserves attested monthly under AICPA standards, a structure designed to meet institutional and regulatory expectations. The MGX-Binance 2 billion dollar settlement in USD1 demonstrated the stablecoin capacity to serve as a vehicle for sovereign-scale institutional transactions. The project TradFi ambitions extend into regulated banking. In January 2026, a World Liberty trust entity applied for a US national banking charter with the Office of the Comptroller of the Currency, and by August 2026 the OCC granted preliminary approval. In late January 2026, UAE-connected interests associated with Sheikh Tahnoun bin Zayed Al Nahyan acquired a 49 percent stake in the company for 500 million dollars, reflecting both the project TradFi positioning and the regulatory complexity that positioning entails.
Cregis
Cregis launched Trust Vault in 2025, a hardware-isolated custody product targeting regulated financial institutions for treasury management, stablecoin issuance, and real-world asset operations. Cregis Nexus is a privately deployed custody node built on HSM technology for banks and payment providers requiring on-premises or private-cloud deployments with customizable account models. Named institutional clients include Bison Bank and Eddid Financial, indicating adoption by regulated financial entities rather than retail or DeFi-native operators. The institutional custody products use MPC security based on the GG18 protocol with Hardware Security Modules meeting FIPS 140 standards. Cregis holds SOC 2 Type I and II certifications, ISO/IEC 27001:2022, and regulatory licenses in the US and Hong Kong, with a Dubai VASP license in progress as of 2025. This compliance framework positions the platform as infrastructure for banks and asset managers embedding blockchain networks including Solana into regulated financial operations.
Grand
Grand integrates tokenized real-world assets directly into its unified finance app, offering users US Treasury exposure and commodity positions alongside crypto trading. Through Ondo Finance's USDY, users can hold yield-bearing tokenized T-Bills without leaving the app or interacting with the underlying protocols directly. Tether Gold (XAUT) provides commodity exposure through a tokenized gold product, with institutional asset data sourced through Ondo's GM API. These RWA integrations are surfaced inside a single portfolio dashboard alongside spot and derivatives trading, allowing users to construct portfolios that blend traditional financial assets with DeFi instruments. All positions are tracked in real time, making Grand a single destination for users seeking both crypto-native and TradFi-adjacent exposure.
DigiFT
DigiFT's core offering is regulated, institutional-grade access to traditional finance strategies brought on-chain through direct partnerships with globally recognized asset managers. Its product suite covers the major classes institutional investors seek: uMINT (UBS USD Money Market Investment Fund), ULTRA (Delta Wellington Ultra Short Treasury), iSNR (Invesco US Senior Loan strategy), JX (SBI Japan High Dividend Equity Strategy on Solana), bEQTY (DigiFT U.S. Equity Income Fund managed by BNY), and GOLDX (LionGlobal tokenized physical gold)—with a PIMCO partnership via Bybit launched in mid-2026. Each token represents actual ownership aligned to the underlying fund strategy, not a contract-for-difference, a distinction that matters for regulatory classification and institutional due diligence. Secondary market liquidity is provided by GSR, a major institutional crypto market maker, through secured OTC channels during Asian market hours seven days a week, with smart contract settlement eliminating manual back-office intervention. DigiFT is backed by SBI Holdings—Japan's largest financial conglomerate—alongside Mirana Ventures, Offchain Labs, and Polygon Labs in a US$25 million total raise. The SBI investment is directly linked to a broader Solana Foundation partnership to build on-chain financial infrastructure in Japan, with DigiFT as a key execution partner.
E Money Network
E Money Network bridges regulated banking infrastructure with decentralized finance, positioning itself as compliance plumbing for institutions that need to meet real-world regulatory obligations on-chain. The platform embeds KYC and AML as native protocol-level primitives including biometric verification, proof of ownership, and chain-of-custody mechanisms, so regulated entities do not need to build separate compliance layers on top of their applications. Its infrastructure supports MiCA compliance out of the box, targeting stablecoin issuers, tokenized asset platforms, and other regulated financial applications on Solana. Backed by 5.2 million dollars from institutional investors including Animoca Brands and KuCoin, the project offers KYC and KYB modules that Solana developers can plug directly into their own applications, and plans deeper institutional tooling for regulated entities building in Solanas RWA sector.
EDX Markets
EDX Markets is an institutional cryptocurrency exchange that applies the market structure conventions of traditional finance — central clearing, daily net settlement, and member-controlled custody — to digital assets including Solana's SOL. Founded in 2022 and backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, and Virtu Financial, the exchange was designed to give banks, hedge funds, and asset managers access to crypto with the counterparty protections they expect in equity and fixed-income markets. The company achieved approximately $200 million in average daily trading volume as of December 2025 and closed a $76 million Series C led by SBI Holdings in July 2026. The platform's defining differentiator is its non-custodial, centrally-cleared structure operated through EDX Clearing, a central clearinghouse that nets positions across members daily and maintains a default fund to backstop settlement obligations — mirroring the role of the DTCC in traditional markets. The U.S. spot venue supports more than 90 digital asset instruments including SOL, operates on a proprietary ultra-low-latency matching engine co-located at Equinix's NY4 data center, and accepts institutional counterparties only. Its white-label FlowConnect offering, launched in February 2026, packages EDX's spot trading, clearing, and stablecoin capabilities so other financial institutions can integrate them under their own brands.
Amber Premium
Amber Premium entered the tokenized equity space in July 2025 when parent company Amber International became the first Asia-based Nasdaq-listed firm to tokenize its own shares on Solana. The resulting AMBRx token, an SPL token backed 1:1 by actual AMBR shares in qualified custodianship, trades around the clock on decentralized exchanges, extending traditional equity access beyond market hours while maintaining compliance with securities custodianship requirements. The firm has broadened its institutional RWA footprint through a strategic MOU with AGM Group Holdings for further real-world asset tokenization, and its Dubai VARA license explicitly authorizes VA Management and Investment Services for institutional and qualified global investors. Operating from Singapore, Hong Kong, and Dubai, Amber Premium combines listed-company credibility with multi-jurisdictional regulatory coverage to serve institutions seeking compliant, on-chain access to tokenized traditional financial assets.
ZBX
ZBX is a Malta-based, EU-regulated exchange bridging traditional financial infrastructure and digital assets for institutional and corporate clients. Its OTC desk allows large participants to execute block trades outside the public order book, avoiding market impact and enabling bespoke settlement arrangements suited to institutional workflows. MiCA authorisation from the Malta Financial Services Authority gives ZBX regulatory passporting across all 27 EU and EEA member states, making it a credentialed access point for corporate treasuries seeking compliant crypto-asset exposure. The platform's enterprise suite extends this institutional reach: virtual IBANs facilitate EUR wire transfers directly into ZBX accounts, corporate crypto accounts sit within AML-monitored regulated structures, and licensed custody arrangements meet the requirements of funds and institutions that cannot self-custody. For European institutions seeking regulated access to Solana, Bitcoin, Ethereum, and other assets under a single MiCA licence, ZBX offers one of the more thoroughly compliance-structured venues operating within the EU framework.
Sygnum Bank
Sygnum Bank received a banking and securities dealer licence from Switzerland's FINMA specifically for digital assets in August 2019, becoming the world's first institution to do so. Licences from Singapore's MAS, the EU's MiCAR framework via Liechtenstein, and a regulated presence in Abu Dhabi through the ADGM round out a multi-jurisdictional regulatory stack. By end of fiscal year 2025, Sygnum reported roughly USD 6 billion in client assets and achieved unicorn status following a USD 58 million funding round in January 2025. More than 20 Swiss banks use Sygnum's infrastructure to deliver crypto services to their own retail clients, giving the bank reach across roughly one third of the Swiss population. PostFinance, one of Switzerland's systemically important banks, has relied on Sygnum for custody and staking since early 2024. For institutional investors and asset managers that cannot engage with unregulated crypto venues, Sygnum offers full-service digital asset banking including credit, staking, and custody under a recognised banking licence.
Bitpanda
Bitpanda is a Vienna-founded multi-asset investment platform that brings traditional financial instruments and digital assets together under one regulated roof. Founded in 2014, it gives retail investors access to over 10,000 stocks and ETFs at a flat one-euro fee per trade, alongside precious metals and structured indices, all from the same account used to trade cryptocurrencies. This TradFi integration is core to Bitpanda's identity as a regulated gateway rather than a pure crypto exchange, and it means users can shift exposure between Bitcoin and an S&P 500 ETF without switching applications. The platform's regulatory standing reinforces its TradFi credentials. By early 2025, Bitpanda held more EU MiCA licences than any other exchange, with approvals from BaFin in Germany, the MFSA in Malta, and the FMA in Austria, enabling it to passport services across all 27 EU member states. The company additionally holds crypto licences in the UK and UAE, giving it a regulated presence across three major jurisdictions. With ISO 27001 certification for information security and 24/7 multilingual customer support, Bitpanda is positioned as a default entry point for European retail investors seeking regulated access to both traditional markets and digital assets.
Singapore Gulf Bank
Singapore Gulf Bank represents a relatively rare category in blockchain infrastructure: a bank that holds a conventional banking licence and has chosen Solana as a primary settlement rail rather than a sideline experiment. Licensed by the Central Bank of Bahrain in February 2024, SGB has established correspondent banking relationships with Standard Chartered, J.P. Morgan, and BNY, while simultaneously building a USDC mint and redeem service on Solana and integrating Fireblocks for institutional digital asset custody. The result is a single regulated entity through which corporate clients can hold fiat and digital assets, move money via legacy SWIFT infrastructure or on-chain stablecoin rails, and access U.S. equities through a partnership with BIT. The bank is backed by Mumtalakat, Bahrain's sovereign wealth fund managing roughly eighteen billion dollars in assets, and was co-founded by Whampoa Group, a Singapore family office with ties to the OCBC banking dynasty. SGB Net, its proprietary clearing network, processes approximately two billion dollars in monthly fiat volume. By April 2026, cumulative transaction volume across fiat and digital rails exceeded seven billion dollars. The bank's core thesis is that cross-border finance will migrate toward stablecoin settlement as the cost and speed gap with legacy correspondent banking widens, and that regulated institutions are best positioned to lead that migration.
Vault
Vault bridges traditional financial infrastructure with cryptocurrency capabilities through a white-label Digital Banking as a Service platform, enabling businesses to offer combined fiat and digital asset services under their own brand. The platform integrates with institutional banking partners including DBS and HSBC for fiat custody, connects to Visa card networks for payment card issuance, and plugs into cryptocurrency custody and liquidity providers, delivering all three in a single pre-integrated stack. Clients from traditional finance companies extending crypto services to existing customers, to crypto-native businesses adding banking rails, license the platform and receive deployable mobile applications in 10 to 14 days on average. The aggregate client base includes more than 75 paying operators with over one million end users across deployed programs, serving banking, remittance, gaming, and digital asset verticals.
Swissquote
Swissquote is a fully regulated Swiss bank founded in 1996 and listed on the SIX Swiss Exchange since 2000, holding a primary FINMA banking license and a separate CSSF license through its Luxembourg subsidiary. That dual-regulated framework made it one of the earliest TradFi institutions to build genuine crypto infrastructure — beginning with a Bitcoin trading partnership in 2017 and culminating in a proprietary exchange and custody platform now covering 55 digital assets. Retail clients hold digital assets within the same Swiss bank account used for equities, forex, and funds, backed by CHF 100,000 deposit protection. On the institutional side, Swissquote serves hedge funds, family offices, and other banks as a FINMA-credentialed counterparty for crypto trading and custody — a regulatory status that most crypto-native platforms cannot match.
National Bank of Kazakhstan
The National Bank of Kazakhstan connects Solana to traditional finance through two major initiatives: the digital tenge CBDC and a tokenized capital markets pilot. The digital tenge reached live retail use on November 15, 2023, when the first POS transaction was completed using a Digital Tenge Card, making Kazakhstan one of the first Eurasian nations to conduct a real-world CBDC retail payment. The digital tenge is programmable, supports smart contracts, and is accessible via Mastercard and Visa payment cards for in-store and online use. In June 2025, the Solana Foundation signed an MOU with Kazakhstan to establish the Solana Economic Zone Kazakhstan, anchoring Solana into the country's capital markets infrastructure. The tokenized capital markets pillar involves the Astana International Exchange, Jupiter, and Intebix tokenizing securities on Solana and integrating them into Kazakhstan's existing financial infrastructure. The NBK's engagement across CBDC development, securities tokenization, and regulatory sandbox oversight signals Solana's viability for regulated, state-adjacent institutional financial products.
Splyce Finance
Splyce Finance bridges institutional credit markets and on-chain DeFi through two products that make traditional fixed-income instruments accessible on Solana. S-Tokens, launched in October 2025 in partnership with Chintai, give retail DeFi users permissionless exposure to institutional tokenized securities without requiring direct ownership or KYC for the underlying security token. The structure uses a loan backed by the tokenized security as collateral; the first product offered access to the Kin Capital Fund, a tokenized real estate fund, and SFULC targets 10% APY from Fulcrum Lending senior secured U.S. multifamily real estate private credit strategy, tradable on Raydium. Single Asset Vaults extend the TradFi integration by enabling institutional borrowers to post eligible collateral, pass KYC and risk-committee approval, and borrow USDC at a rate locked at origination. This replicates fixed-income lending mechanics on-chain: fixed maturity, fixed rate, no oracle-triggered mid-term liquidations, and isolated vaults to prevent cascade defaults. Splyce April 2026 strategic round included the Solana Foundation, Stellar Development Foundation, Sui Foundation, Sarson Funds, and Lucid Ventures, reflecting institutional confidence in the TradFi-on-chain model.
Gate
Gate has built a dedicated TradFi suite that extends the platform's reach beyond crypto into traditional financial instruments accessible from a single account. Users can trade equities and ETFs across US, Hong Kong, Korean, and Japanese markets, with zero-commission access available for eligible US stocks, and the offering also covers tokenized stock positions, commodities, and forex alongside event prediction markets where Gate claims a 36% peak market share. The TradFi expansion includes pre-IPO token subscriptions — with a 260 million USD OpenAI Pre-IPO offering as a notable example — illustrating Gate's effort to bridge crypto-native users with regulated traditional asset classes. This cross-asset approach positions Gate as a hybrid venue for users seeking both digital asset exposure and access to global equities without switching platforms, now backed by MiCA licensing in the EU and regulatory approvals across multiple additional jurisdictions.
Digital Token Identifier Foundation (DTIF)
DTIF connects digital assets to traditional financial infrastructure through ISO 24165, modeled on the ISIN and LEI systems that govern legacy markets. Each DTI is a shared, neutral identifier for a fungible token on a specific ledger, enabling cross-venue aggregation without interpreting proprietary naming conventions. DTIF and ANNA coordinated allocation so DLT-based instruments can receive both a DTI and an ISIN, with a new XT-prefixed ISIN class linking tokens that trade across multiple ledgers. Institutional adoption reflects this bridging role. 21X — Europe's first licensed DLT trading and settlement system — adopted the DTI for all tokens on its Frankfurt platform. SIX Digital Exchange is among other implementing institutions. DTIF's Product Advisory Committee includes BNY Mellon, SWIFT, SIX, GLEIF, and ANNA, embedding the standard in the same ecosystem that governs global financial market infrastructure.
RedStone Finance
RedStone has built a suite of infrastructure products specifically designed for tokenized real-world assets. Its Proof of Reserve product provides cryptographic on-chain verification that a tokenized asset's off-chain backing exists and matches its claimed amount, deployed by Lombard's LBTC across 15 chains and 70+ protocols. The Trusted Single Source Oracle standard, co-developed with Securitize, chains each NAV update to the prior one with a digital signature, timestamp, and hash — creating a tamper-evident pricing record for tokenized funds with a single authoritative pricing source. RedStone serves as the primary oracle for BlackRock's BUIDL money market fund ($2.23B), Apollo's ACRED, Hamilton Lane's HLSCOPE, and VanEck's VBILL. Its Settle product addresses a structural gap in RWA-backed lending: since real-world assets often carry redemption windows of 30 days or longer, Settle runs on-chain auctions among whitelisted liquidity providers who deliver instant cash settlement and hold the RWA through its redemption window. RedStone expanded further into the tokenized securities space by acquiring Security Token Market (STM.co) and the TokenizeThis institutional conference in January 2026.
Keel
Keel launched Season 1 of the Tokenization Regatta in December 2025, committing up to $500 million in capital allocation to tokenized real-world asset issuers on Solana. The initiative specifically targets institutional-grade tokenized bonds, commodities, and equities — the core asset classes of traditional finance — evaluated through a structured Request for Proposal process run by contributors from Keel, the Sky Risk Council, Particula, and Kinetika Research. Applications ran through two tracks: one for assets ready for immediate Q1 2026 deployment, and a second pipeline for assets in earlier development stages. Evaluation criteria center on tokenization quality, sustainable risk-adjusted yield, and liquidity profile. More than 40 institutions expressed interest in the first season, and the deployment is projected to increase Solana's total RWA market value by more than 60 percent, bringing a substantial base of institutional real-world assets onto the chain.
Brex
Brex provides corporate cards, expense management, bill pay, banking, and treasury services to startups, mid-market, and enterprise organizations, underwriting based on business financials rather than founder personal credit scores with no personal guarantee required. The company held approximately $13 billion in aggregate customer deposits at partner banks as of early 2026, serves approximately 25,000 companies, and was generating roughly $700 million in annualized revenue as of August 2025. In January 2026, Capital One Financial agreed to acquire Brex for $5.15 billion in what was described as the largest bank-fintech deal in history, with the transaction closing April 7, 2026. Brex's banking and treasury product offers high-yield accounts generating up to 4.36% APY with same-hour liquidity and up to $6 million in FDIC insurance through a network of partner banks.
Membrane Labs
Membrane Labs translates the operational workflows of traditional prime brokerage into a crypto-native infrastructure platform built for institutional capital markets. Founded by executives from JPMorgan, Goldman Sachs, Northern Trust, and Bank of America with backgrounds in FX electronic trading and institutional sales and trading, the company delivers the workflow automation, risk controls, and settlement precision that TradFi incumbents rely on—without a proprietary position or broker conflict of interest attached to the provider. Its $20 million Series A was led by Brevan Howard Digital and Point72 Ventures, with participation from Jane Street Capital, Flow Traders, and Two Sigma Ventures. The platform's TradFi orientation is reflected in specific product decisions: a structured request-for-quote process modeled on institutional bond and FX market conventions, a CME Exchange for Physical workflow that connects regulated futures positions to spot settlement via CustodyLink, and a SOC 2-certified architecture designed for regulated counterparties. Operations now span Asia, the Middle East, and traditional institutional hubs, with a client and partner roster that includes trading firms, custodians, and lending desks that previously operated exclusively in traditional capital markets.
Alpaca
Alpaca's Instant Tokenization Network (ITN) issues tokenized US stocks and ETFs on Solana, backed one-to-one by securities held in Alpaca's self-clearing brokerage. Platforms mint and redeem tokenized equities in real time via a single API call, with 24/7 settlement accepted in USD, USDC, USDT, BTC, and ETH. By end of 2025, Alpaca held over 94 percent market share in tokenized US stocks and ETFs, with more than $480 million in assets outstanding. Alpaca operates as a FINRA-regulated, SIPC-member broker-dealer, giving it the regulatory standing to hold underlying securities while tokens circulate on-chain. In October 2025, it joined the Global Dollar Network to offer USDG on Solana, its first production release for non-Ethereum tokens. This positions Alpaca as a compliant bridge for DeFi protocols and Solana wallets seeking US equity exposure without building their own broker-dealer relationships.
Visa
Visa is a global card network integrating blockchain-based settlement infrastructure into its institutional rails. Financial institution partners including Cross River Bank and Lead Bank now settle Visa obligations using USDC over the Solana blockchain, the first such settlement program formally live in the United States. Solana was selected for its throughput, near-instant finality, and low fees, which make it operationally viable at card-network scale. The program reached a $7 billion annualized settlement run rate by early 2026, spanning 130+ card programs across 50+ countries on nine supported blockchains. Visa has also become a design partner for Arc, a new Layer 1 blockchain from Circle, and plans to operate a validator node on that chain. The settlement layer runs seven days a week including weekends and holidays, unlike traditional five-day banking rails, reducing collateral requirements and reconciliation overhead for participating banks.
Exo Technologies
Exo Technologies serves institutional clients bridging traditional finance with Solana, implementing the custody integrations, compliance controls, and stablecoin payment rails required for regulated on-chain asset management. Their RWA service stack includes whitelisted token transfer programs, regulated access controls for tokenized funds, subscription flows, and portfolio management tooling built to institutional audit standards. The firm has published research characterizing Solana's lack of an ERC4626-equivalent vault standard as the missing primitive for tokenized funds and institutional composability. Named clients include Securitize and Agora, both operating in regulated asset tokenization markets, and deployed code collectively supports over one billion dollars in TVL across 26 shipped protocols.
DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) is the first publicly traded company with a treasury strategy built to accumulate and compound Solana, offering public-market investors single-asset SOL exposure through a Nasdaq-listed equity. Originally Janover Inc., a real estate financing platform, the company rebranded in April 2025 after former Kraken executives acquired majority voting control and adopted Solana as its primary treasury asset. DFDV raised over $370 million through PIPEs, at-the-market programs, and convertible notes since its rebrand, and acquired a controlling interest in UK-based Cykel AI to establish the first Solana digital asset treasury company listed in the United Kingdom. The company also launched DFDVx, a tokenized equity representation trading on the Solana network via Kraken's xStocks platform, enabling on-chain access to DFDV exposure.
Lume Finance
Lume Finance provides access to tokenized U.S. equities through its xStocks product, a set of SPL tokens on Solana that correspond 1:1 to real shares held in regulated custody. The platform supports 60 assets at launch — 55 individual stocks including Apple, NVIDIA, Tesla, and GameStop, plus 5 ETFs — with fractional positions starting at one dollar. The underlying shares are held by Backed Finance, registered under the Swiss DLT Act, and Ondo Finance, with assets maintained in licensed, segregated custodial accounts. Because xStocks are on-chain SPL tokens, they trade continuously around the clock, independent of NYSE or Nasdaq operating hours. Settlement completes in under a second for a fraction of a cent in fees. Dividends are automatically reinvested as additional xStock tokens rather than distributed as cash. The tokens integrate with Raydium for AMM liquidity, Jupiter for best-execution routing, and Kamino for collateral deposits, giving tokenized equities immediate composability across Solana's DeFi ecosystem.
BTCC
BTCC launched a TradFi product suite in February 2025 offering tokenized exposure to metals, commodities, forex pairs, and equities with zero trading fees. Leverage options vary by asset class, reaching up to 150x for gold and silver, 50x for forex, and 20x for tokenized stocks. These products are traded on the same interface as the exchange's cryptocurrency futures and spot markets, giving users unified access to both traditional and crypto asset classes without switching platforms. RWA trading volume on the platform grew from 1.2 billion USD in Q1 2025 to 22.7 billion USD in Q4 2025, an 18-fold increase within a single year. The exchange holds regulatory licenses in the United States via FinCEN, Canada via FINTRAC, and Lithuania providing EU-compliant operating status, establishing a regulated framework for users accessing these tokenized financial instruments.
Bitzaro
Bitzaro is an EU-licensed Virtual Asset Service Provider incorporated in Czech Republic in 2023, operating under AML/CFT compliance requirements that include customer due diligence and transaction monitoring mandated by the EU VASP regulatory framework. The platform bundles a regulated fiat-to-crypto on-ramp, MPC wallet infrastructure with Coincover insurance, stablecoin invoicing, and a Visa prepaid card into a single licensed commercial offering. Business pricing starts above $500 USD per month, positioning the platform for institutional and commercial use cases. The MPC Wallet-as-a-Service carries $2 million USD Coincover insurance and KYT compliance screening, and the platform supports more than twenty blockchains including Solana, with API documentation at bitzaro.readme.io including an OpenAPI spec and UAT environment for regulated integrations.
Blockchain.com
Blockchain.com bridges traditional finance and digital assets through its Radial institutional brand, offering OTC spot and options trading, secure custody, digital asset treasury, token launch and distribution, and liquidity provisioning across its 95 million wallet user base. The company confidentially submitted an S-1 filing with the SEC in May 2026 and has reported three consecutive years of adjusted profitability. Founded in 2011, Blockchain.com raised $537 million from investors including Baillie Gifford, DST Global, Lightspeed, and Google Ventures, reaching a $5.2 billion valuation in its March 2021 Series D round. With approximately 500 employees and zero customer fund losses across 15 years, it is one of the most established TradFi-adjacent platforms in the digital asset space. CEO Peter Smith has led the company since 2014, with Co-CEO Lane Kasselman appointed in 2025.
Cryptoworth
Cryptoworth serves as the financial system of record for institutional digital asset operations, producing GAAP- and IFRS-compliant journal entries that push directly into major ERP systems including NetSuite, QuickBooks, Xero, Pennylane, and Rillet. The platform supports IPO readiness workflows and the reporting standards required for SEC-ready financial statements, positioning it for institutional clients navigating public market requirements. The Solana Foundation is publicly cited as one of Cryptoworth's earliest and most valued customers, providing institutional-scale validation of its Solana accounting capabilities. Founded in Toronto in 2017 and having raised $5 million in seed funding from investors including CMT Digital Holdings and Headline, Cryptoworth earned G2's High Performer designation for five consecutive seasons with a 4.9 rating—the only crypto accounting solution recognized in G2's Best Software Awards accounting category.
Altitude
Altitude is a business financial operating system built by Squads that applies institutional-grade compliance and self-custodial smart account infrastructure to corporate finance on Solana. The platform holds SOC 2 Type I certification, performs continuous KYB verification, AML screening, and sanctions monitoring through a proprietary compliance engine, and connects to licensed payment service providers to route payments across 150-plus countries. Uninvested balances earn 3.25% APY backed by US Treasuries with regular independent audits confirming 1:1 reserves, and accounts support multi-currency operations in USD, EUR, MXN, BRL, and GBP. Backed by $42.9 million including an April 2026 round led by Solana Ventures and joined by Coinbase Ventures and Haun Ventures, Altitude is built on Squads Protocol, the smart account standard that has secured more than $10 billion across 500-plus organizations on Solana.
VNX
VNX is a Liechtenstein-based fintech holding six licenses from the country's Financial Market Authority under the Blockchain Act, making it one of the few regulated European token issuers active on Solana. The institutional framework covers KYC/AML compliance, reserve adequacy oversight, and smart contract security reviews for its four regulated tokens. Leadership includes former Deutsche Bank and Troika Dialog executives, and the Stellar Development Foundation, Woori Capital, and Hansae Eyes Foundation are among its backers. Reserve adequacy for all four VNX tokens has been independently verified by Areva General Auditing and Trust Company Limited for December 2023 and December 2024. Physical gold backing VNXAU sits outside VNX's balance sheet in segregated Liechtenstein vaults, providing institutional-quality custody separate from company insolvency risk. Over 30 ecosystem partners have integrated VNX tokens, including LBank, XT.com, Uniswap, and Curve, and VNX Global Ltd. additionally holds a license under Bermuda's Digital Asset Business Act.
SINOHOPE
SINOHOPE is institutional-grade digital asset infrastructure serving hedge funds, OTC desks, and exchanges requiring enterprise-grade custody and settlement. Its OpenLoop inter-institutional settlement network enables zero-confirmation deposit settlement between custody providers and exchanges, reducing the operational latency and on-chain fees of conventional inter-platform transfers—OpenLoop customers held assets exceeding $5 billion USD in aggregate as of September 2024. Parent company Sinohope Technology Holdings is listed on the Hong Kong Stock Exchange (HKEX: 1611.HK), bringing public-market accountability to the platform. CEO Livio Weng previously served as CEO of Huobi Global and COO of HashKey Group. FIPS 140-2 Level 3 cold wallet certification, SOC 2 Type 1 and Type 2 audits, and cold wallet insurance through Arch Insurance Group provide the documented risk attestations TradFi-aligned institutional counterparties require.
OnRe
OnRe brings institutional reinsurance — one of the most capital-intensive segments of global finance — onto Solana through a structure built specifically for traditional financial compliance. The company operates as a Segregated Accounts Company regulated by the Bermuda Monetary Authority, holding both an Insurance Act license and a Digital Asset Business Act license. Its reinsurance brokerage relationships span Guy Carpenter and Howden, two of the largest global reinsurance intermediaries, and its underwriting team brings more than a decade of institutional reinsurance experience. A $5 million Series A closed in May 2026, co-led by Forward Industries and RockawayX, with Forward Industries separately committing up to $25 million in ONyc deployment as a strategic capital partner. The project's institutional credibility is reinforced through multiple verification layers: Apex institutional NAV attestations, SOC 2 Type II certification, and an independent risk partnership with Allez Labs responsible for evaluating reinsurance risk frameworks applied to the protocol. Each depositor's capital is held in a legally isolated segregated account, providing the liability separation that institutional allocators expect. Earlier investors include Coinbase Ventures, Maven11, Spartan Capital, Ethena, and Solana Ventures, while reinsurance brokerage relationships with Guy Carpenter and Howden anchor the protocol in established institutional channels.
Pier Two
Pier Two is an Australian institutional staking provider founded in 2018 that serves asset managers, exchanges, custodians, and regulated financial entities seeking yield on digital assets without transferring custody. The non-custodial structure ensures that delegating institutions retain full withdrawal authority at all times, making it suitable for firms operating under fiduciary or regulatory constraints. The company holds ISO/IEC 27001:2022 certification, SOC 2 Type I and Type II reports, and NORS certification — a compliance posture designed for institutional and regulated counterparties. Native integrations with Fireblocks, BitGo, and Zodia custody platforms allow seamless staking initiation and monitoring within existing institutional workflows. As of 2025, Pier Two manages approximately $3 billion in total staked assets across Ethereum, Solana, Polygon, TON, and NEAR, with over 225,000 SOL staked on Solana.
Republic
Republic operates at the regulatory frontier of tokenized private securities, combining an SEC-registered portal, a broker-dealer and Alternative Trading System acquired through INX Digital in late 2025, and OCC-chartered custody through BitGo for compliant on-chain private market transactions. Its Mirror Token series mints security tokens on Solana providing economic exposure tied to private company valuations, with rSpaceX as the first offering and xAI, Cursor, and Perplexity among the 20-plus additional companies planned. The May 2026 Animoca Brands equity tokenization placed institutional-grade private shares directly on Solana, with custody at BitGo and 24/7 secondary trading on the Republic regulated ATS. An April 2026 meeting with the SEC on a proposed Innovation Exemption signals active engagement with U.S. regulators on the emerging framework for on-chain private market assets, positioning Republic as a shaper of that framework rather than merely a user.
Uranium Digital
Uranium Digital tokenizes physical uranium oxide on Solana, issuing tokens backed 1:1 by yellowcake stored in licensed U.S. facilities. The platform targets the uranium commodity market, where traditional transactions require minimum lots worth millions of dollars and weeks-long settlement through brokers and lawyers. Enabling fractional ownership from a single pound, Uranium Digital opens access to institutional and cash market participants simultaneously. On-chain proof of reserves via a Chainlink oracle verifies in real time that all circulating tokens are backed by physical uranium at ConverDyn, the only U.S. uranium conversion facility. The project raised $7.8 million from Framework Ventures and Portal Ventures, positioning it at the intersection of traditional commodity markets and blockchain infrastructure during nuclear energy's resurgence.
Figure
Figure Technology Solutions is a regulated, publicly traded fintech co-founded in 2018 by former SoFi CEO Mike Cagney. It co-launched Provenance Blockchain, which by 2025 held roughly 75% of tokenized real-world assets across public blockchains, and built a full-stack platform spanning HELOC lending, on-chain loan trading, and the SEC-registered YLDS yield security. YLDS—a face-amount certificate backed by short-duration Treasuries and audited by a Big Four firm—was the first SEC-approved yield-bearing transferable digital security in the United States, later expanding to Solana and Stellar. Figure's On-chain Public Equity Network (OPEN) lets companies issue blockchain-native registered equity, cementing its role as a bridge between institutional TradFi and public blockchain markets.
JPMorgan Chase
JPMorgan Chase is one of the world's largest financial institutions, with over $4 trillion in assets under management spanning investment banking, commercial banking, and asset management. Its blockchain division, Kinexys (formerly Onyx), has become one of the most active institutional builders on public blockchain infrastructure. In December 2025, JPMorgan arranged one of the first U.S. debt issuances executed on a public blockchain — a commercial paper offering for Galaxy Digital on Solana, settled entirely in USDC. The choice of Solana over JPMorgan's own permissioned network represented a deliberate move onto a public, permissionless ledger with broad ecosystem participation. Kinexys has processed over $4 trillion in cumulative transactions and averages more than $7 billion in daily volume across eight currencies. JPMorgan has stated plans to extend this commercial paper template to additional issuers and security types, establishing a recurring institutional debt issuance pipeline on Solana.
Forward Industries
Forward Industries (NASDAQ: FWDI) raised $1.65 billion in a private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital — the largest Solana-focused digital asset treasury raise on record — to accumulate SOL. Incorporated in 1961 as a protective cases maker, Forward pivoted to Solana in September 2025 and joined the Russell 2000 and Russell 3000, giving passive index funds regulated exposure to SOL. Forward tokenized its SEC-registered FWDI shares on Solana via Superstate Opening Bell, making it among the first public companies whose equity can be held natively on-chain. Ex-US holders can post tokenized FWDI shares as collateral on Kamino Finance to borrow stablecoins. With a net asset value of $563.8 million as of March 2026, Forward connects public-company financials and regulated equity structures directly to the Solana DeFi ecosystem.
SOL Strategies
SOL Strategies is listed on both the Canadian Securities Exchange (CSE: HODL) and the NASDAQ Global Select Market (NASDAQ: STKE), making it one of the few Solana-focused companies with dual public exchange listings. Founded in 2018 as Cypherpunk Holdings and rebranded in September 2024, the Toronto-based firm serves as an institutional bridge into the Solana ecosystem. Partners include VanEck, Crypto.com, ARK Invest's Digital Asset Revolutions Fund, Neptune Digital Assets, and Solana Mobile. The company holds over 459,000 SOL in treasury generating approximately 6–7% annually in staking rewards, with total delegations reaching 3.87 million SOL. It closed a C$30 million LIFE offering in 2025 and is exploring pathways to tokenize its own shares on Solana. White-label staking agreements with custodians like Balance and Netcoins reflect a compliance-focused approach to bringing traditional financial institutions into on-chain infrastructure.
TIX
TIX tokenizes live-event tickets as real-world assets on Solana, replacing the debt-financing model that has long tied venues to large ticketing companies in exchange for exclusivity. By routing ticket inventory through decentralized liquidity pools, venues and promoters can access upfront capital from multiple lenders simultaneously. The protocol estimates the global pre-event financing gap at roughly $10 billion. TIX launched publicly at Solana Conf in December 2025, co-founded by veterans of Ticketmaster and Live Nation. Its initial deployment through KYD Labs facilitated over $10 million in ticket sales and originated $2 million in venue financing with zero loan defaults across more than 300,000 on-chain tickets. A mainnet launch targeting Summer 2026 will open the RWA layer to additional platforms, with a longer-term goal of adoption by major established ticketing providers by 2029.
Seedplex
Seedplex bridges traditional venture capital with Solana's on-chain infrastructure, tackling one of TradFi's most entrenched structural problems: the illiquidity of private company equity. Investors in pre-seed and seed-stage startups typically wait seven to ten years for a liquidity event, a constraint that limits the capital pool to institutional funds and high-net-worth individuals who can absorb that commitment. Seedplex issues Venture Tokens — on-chain instruments representing ownership stakes in private companies — that can be traded on secondary markets before a traditional exit materializes. The platform's permissionless block trades feature imports an institutional over-the-counter trading convention directly onto the blockchain, enabling large peer-to-peer transfers of Venture Tokens without the intermediation of broker-dealers or OTC desks. Seedplex was accepted into Cohort 3 of the Solana Incubator alongside peers focused on institutional debt markets and cross-border stablecoin infrastructure, reflecting Solana Labs' prioritization of capital markets primitives. The result is a private equity fundraising model that expands both the investor base and the liquidity available to early-stage founders.
Archer
Archer Exchange extends its on-chain orderbook to tokenized real-world assets, including tokenized equities issued through the Sunrise protocol by Backpack Securities. These instruments are structured as 1:1 claims on underlying shares held in custody and designed to be eligible for corporate actions under New York UCC Article 8, bringing institutional-grade asset structure to on-chain trading on Solana. Because Archer operates 24/7 as a fully on-chain venue, tokenized stocks listed on the exchange — including Intel ($INTC) — remain tradeable outside traditional NYSE and Nasdaq hours. This is a meaningful advantage around earnings announcements and other time-sensitive events when demand does not follow conventional market schedules. The broader Solana tokenized asset market reached $5.8 billion in volume in Q2 2026, and Archer's orderbook model positions it to serve both DeFi participants and traders migrating from traditional markets.
Legasi
Legasi bridges traditional finance and on-chain infrastructure through Lombard loans issued by regulated banking partners in Luxembourg and Switzerland, the credit model long used by European private wealth managers for crypto-backed lending. The platform handles client onboarding and loan structuring without requiring a credit check, delivering EUR or USD proceeds directly to borrowers' bank accounts. Target clients include individual investors seeking liquidity for real estate or business expenses and corporate treasury departments holding digital assets as balance sheet reserves. Legasi placed third in the Real World Assets track at Colosseum's Cypherpunk Hackathon, recognized by organizers as a compliant credit layer using Lombard loans. Backing comes from BPI, France's government-backed public investment bank, and a Solana Foundation grant. These endorsements across conventional finance and crypto infrastructure reflect the project's position at the intersection of institutional credit models and programmable on-chain lending.
WisdomTree
WisdomTree is a publicly traded traditional asset manager with approximately $159 billion in assets under management that tokenizes its SEC-registered investment funds on public blockchains. Through WisdomTree Prime for retail investors and WisdomTree Connect for institutional clients, the firm enables minting, holding, and redeeming regulated financial products on-chain across money market, equity, fixed income, and alternative credit categories. The firm's flagship tokenized money market fund, WTGXX, grew from roughly $30 million to approximately $770 million in AUM during 2025, driven largely by institutional demand. These products are registered under the Investment Company Act of 1940, carrying full prospectus disclosure and daily NAV reporting. WisdomTree Digital Trust Company, chartered by the New York State Department of Financial Services, provides custodial services, and the firm expanded its full fund suite to Solana in January 2026.
Meridian
Beyond crypto-native assets, Meridian offered access to tokenized representations of traditional equities and ETFs, giving users a single on-chain interface for both cryptocurrency and stock-market exposure. These tokenized assets traded on-chain around the clock, removing the restrictions of conventional market hours that apply to traditional brokerage accounts. By embedding tokenized equities within a self-custody Solana wallet, Meridian positioned itself as a unified investment interface for users who wanted exposure to both decentralized and traditional financial markets. The conversational AI agent could manage positions across both asset classes through the same plain-language interaction model.
OVEX
OVEX operates at the intersection of institutional crypto liquidity and emerging-market foreign exchange infrastructure, holding regulatory licenses from the FSCA in South Africa, FINTRAC in Canada, the FCA in the UK, the AMF in France, and VARA in the UAE. The platform serves more than 50 institutional clients including corporates, banks, brokers, and payment companies, offering OTC execution, prime brokerage, and API-based settlement infrastructure designed for high-volume institutional use. OVEX has partnered with Finery Markets to extend institutional crypto liquidity access across Africa, deepening its position as a regulated infrastructure layer connecting traditional financial institutions to digital asset markets. Asset custody is anchored by Fireblocks MPC technology, with client assets held in offline cold storage, multi-signature authorization requirements, and segregation from operational funds.
Cross River Bank
Cross River Bank is an FDIC-insured financial institution founded in June 2008 by Gilles Gade, a former Barclays and Bear Stearns investment banker, with an explicit mission to expand access to financial services through technology partnerships. Headquartered in Fort Lee, New Jersey, the bank operates a full banking charter that enables fintech partners to access regulated infrastructure including FDIC-insured custody, licensed money transmission, and bank-grade compliance controls without holding a license of their own. The bank has positioned itself as a bridge between traditional finance and blockchain systems, most directly through its December 2025 participation in Visa's USDC stablecoin settlement pilot on the Solana blockchain. In February 2025, T. Rowe Price led a $50 million investment round focused on what Cross River calls embedded finance 2.0, bundling crypto, lending, payments, and cards on one regulated platform. Cross River has maintained cryptocurrency infrastructure since 2014 through Ripple-based cross-border payment rails, giving it over a decade of operational blockchain experience before its Solana integration.
The integration of traditional financial instruments with Solana's blockchain infrastructure represents a significant step forward in the evolution of financial markets. These applications demonstrate how blockchain technology can enhance rather than replace existing financial systems, offering improved efficiency, reduced costs, and broader access to investment opportunities.
As institutional adoption continues to grow and regulatory frameworks mature, we can expect to see even more sophisticated TradFi and RWA applications emerging on the Solana ecosystem. Whether you're an institutional investor, a traditional finance professional, or an individual seeking to diversify your portfolio, these Solana-based platforms provide the tools needed to bridge the world of traditional finance with the innovations of blockchain technology.
Remember to conduct your own research and consider your investment goals before engaging with any financial applications, whether traditional or blockchain-based.
Solana Token Markets