Real World Asset Platforms

Galaxy Digital is one of the few digital asset firms that bridges institutional traditional finance and the onchain economy at scale, with its shares trading on Nasdaq under the ticker GLXY since May 2025. The firm's institutional partnerships span the largest names in global finance: BlackRock selected Galaxy as a validator for the iShares Staked Ethereum Trust ETF, Morgan Stanley relies on Galaxy's staking infrastructure for its digital-asset exchange-traded products, and a multi-year agreement with BNY focuses on institutional digital-asset infrastructure development announced in August 2026. Galaxy co-distributes regulated digital asset products with Invesco, DWS, State Street Global Advisors, CI Asset Management, and Itaú Asset Management, meeting the fiduciary and compliance standards that major financial institutions demand. In September 2025, Galaxy and Superstate completed what Galaxy described as the first tokenization of SEC-registered public equity directly on a public blockchain, settling Galaxy's own Class A common stock on Solana with Superstate acting as the digital transfer agent for approved investors. This transaction demonstrated a model for using public blockchain infrastructure as a settlement and record-keeping layer for regulated traditional securities. CEO Michael Novogratz has publicly positioned Solana as tailor-made for tokenizing financial markets — including equities, fixed income, commodities, and foreign exchange — given its transaction throughput. Galaxy's research division reinforces this TradFi thesis through regular publications on tokenization, stablecoin adoption, and institutional DeFi access.

Crypto.com operates one of the most expansive crypto payment networks in the industry, with Crypto.com Pay accepted at more than 300,000 merchants globally. Recent expansions include Dubai Duty Free, the first Middle East airport retailer to accept Crypto.com Pay, and Emirates Airlines for flight payments. The platform also launched Crypto.com Travel in 2026, an in-app travel booking service powered by Bookit, extending real-world utility of crypto holdings into everyday spending categories. Complementing the merchant network is the Crypto.com Visa Card, a tiered prepaid and credit card offering up to 5 to 6% cashback rewards paid in CRO and accepted anywhere Visa is used globally. Higher card tiers require staking progressively larger amounts of CRO, tying the payment product into the broader Crypto.com ecosystem incentive structure. Together, the merchant network and card product represent a full-stack approach to enabling everyday cryptocurrency payments for a user base of more than 150 million people worldwide.

Real World Asset tokenization has emerged as one of BNB Chain's most significant growth categories, with total RWA value on chain surpassing $1.8 billion and RWA holders crossing 400,000 as of August 2026. Institutional asset managers including BlackRock, Franklin Templeton, and VanEck have integrated with BNB Chain for on-chain tokenized fund and product offerings, representing a direct bridge between regulated financial instruments and the BSC execution environment. The stablecoin market on BNB Chain reached approximately $14 billion in market capitalization in 2025 — double its prior-year level — providing settlement infrastructure for RWA transactions. Monthly active users for stablecoin applications reached 11.8 million, indicating retail as well as institutional adoption of dollar-denominated on-chain finance. BNB Chain's combination of sub-cent transaction costs, 650ms finality, and full EVM compatibility makes it attractive for tradfi-adjacent applications requiring frequent settlement and compatibility with existing Ethereum-based financial infrastructure. The ISO/IEC 27001 and ISO/IEC 27701 certifications obtained in August 2026 — covering information security and privacy information management — provide institutional counterparties with standardized compliance anchors for due diligence. BNB Chain's developer programs explicitly list institutional finance applications as a current ecosystem focus alongside stablecoins and RWA tokenization. The combination of institutional product integrations, regulatory-grade certifications, and deep stablecoin liquidity positions BSC as a settlement layer for the convergence of traditional finance and on-chain capital markets.

Cosmos's sovereign chain model has found deep traction with financial institutions requiring compliance controls, regulatory isolation, and interoperability with existing banking infrastructure. The Cosmos SDK's Tokenized Deposits Suite provides pre-built adapters for core banking platforms including Hogan, Fiserv, and Silverlake, enabling banks to issue tokenized deposits that settle in real time — including outside standard banking hours — while using IBC for cross-institution clearing. Documented institutional deployments include Figure Technologies' $20 billion in tokenized home equity loans on Provenance Blockchain, a Cosmos SDK chain, Ripple's $358 million in tokenized assets on Cosmos tooling, and a consortium of 26 central banks across Latin America using IBC-connected chains for cross-border payment rails. Project Pax, a Japanese regulatory pilot involving megabanks MUFG, SMBC, and Mizuho, further demonstrates Cosmos's traction as infrastructure for institutional-grade digital asset settlement.

SG-FORGE tokenizes traditional financial instruments on public blockchains, holding both PSAN and EMI licenses from French regulators, making it one of Europe's most fully licensed institutional RWA issuers. It facilitated Societe Generale's first covered bond as a security token and led the European Investment Bank's first digital bond syndicate with Goldman Sachs as a participant. The firm developed CAST, an open-source Compliance Architecture for Security Tokens, standardizing issuance and integration with legacy payment and settlement infrastructure. A January 2026 SWIFT proof-of-concept validated end-to-end tokenized bond issuance, settlement, coupon payments, and redemption using EURCV as the on-chain asset. SG-FORGE provides the regulated stablecoin settlement layer within Seturion, Boerse Stuttgart Group's pan-European tokenized securities platform, connecting flatexDEGIRO's 3.5 million customers across 16 countries and Nasdaq's European venues. Deutsche Börse Group also entered a partnership with SG-FORGE in 2025. The firm has stated plans to bring tokenized securities and structured products to Solana, building on the EURCV deployment announced at Breakpoint 2024. That expansion would add compliance-grade institutional RWA issuance to Solana's growing DeFi ecosystem.

GEODNET is a decentralized physical infrastructure network that replaces expensive government-run CORS systems with community-owned GNSS base stations. Any operator can install a compatible rooftop station, contribute Real-Time Kinematic (RTK) correction data to the global mesh, and earn GEOD token rewards—bringing GPS positional accuracy from several meters down to centimeters. Incentive structures favor underserved regions, with empty-hex bonuses and up to 4x SuperHex multipliers for high-priority commercial areas, while stations maintaining 98% uptime earn Location NFTs that confer ongoing performance bonuses. By Q3 2025, GEODNET had scaled to more than 19,800 active Satellite Miners across 5,000 cities in 148 countries—the largest decentralized RTK network in the world, a 42% increase from Q1 2025. RTK subscription revenue exceeded $1.2 million that quarter, growing 27.9% quarter-over-quarter, with 80% of all revenue used to buy back and burn GEOD tokens on-chain. Commercial partners including DJI, DroneDeploy, and Propeller integrate the network's correction streams for precision agriculture, construction surveying, and autonomous vehicle navigation.

Gemini's prediction markets product uses Grok AI to deliver personalized outcome probabilities across sports, crypto, commodities, economics, and politics categories. Traders take yes/no positions on outcomes and receive a $1.00 per-contract payout for correct calls, a binary settlement structure consistent with regulated prediction market platforms. The product is integrated directly into the Gemini exchange alongside spot trading, staking, and derivatives, making it accessible to existing account holders without additional onboarding friction. REST API and WebSocket streaming extend the prediction market contracts to algorithmic participants and developers building on Gemini's infrastructure.

Fanplay is a live-event wagering platform on Solana where users stake USDC stablecoins on the outcomes of real physical competitions, including the Hamster Racing League, marble racing, BeyBlade battles, and treadmill contests. The platform uses a parimutuel structure: all bets are pooled before each event, and the pool is distributed proportionally among winning bettors after the race concludes, minus a platform commission retained by Fanplay. Fanplay distinguishes itself from conventional prediction markets and crypto casinos by centering wagering on genuinely unpredictable live events with professional streaming production. It holds a Curacao gaming license and applies geo-restrictions to users in the US, UK, Netherlands, and Australia. The project migrated from Arbitrum to Solana in November 2024 to take advantage of lower transaction fees and faster settlement, and placed fourth in the Consumer Apps Track of the Solana Radar Hackathon.

Franklin Templeton brings traditional finance credibility to Solana through BENJI, the onchain share token of FOBXX — the first US-registered mutual fund to use a public blockchain as its official record system. Managing $1.74 trillion in assets globally, Franklin Templeton launched BENJI on Solana in February 2025, offering regulated, government-backed yield exposure. Unlike competing tokenized Treasury products structured as private funds, BENJI wraps a 40-Act mutual fund accessible to retail investors who complete standard KYC — a meaningfully lower barrier than products like BlackRock's BUIDL or Ondo's OUSG. BENJI distributes daily dividends by minting new tokens directly into allowlisted wallets, producing 365 yield events per year including weekends and holidays. The fund crossed $2.5 billion in total assets under management by July 2026, representing more than 100% growth year-to-date. Smart contracts across all deployments have been audited by Trail of Bits and Ancilia, and peer-to-peer transfer capability was extended to retail holders in May 2025, enabling direct wallet-to-wallet transfers between allowlisted participants on Solana.

Ecotoken bridges certified ecological credits from established registries including Verra and Gold Standard onto Solana and nine other blockchains. The platform supports carbon offsets, biodiversity credits, and water credits, with each retirement producing a tamper-evident on-chain record and an automated NFT impact certificate for transactions above two dollars. Rather than issuing synthetic environmental assets, it routes real credits from existing standards bodies directly onto chain. Over 13,000 credits have been retired as of late 2024 across nine active reforestation and habitat preservation projects spanning Iowa, Inner Mongolia, and Central America. The ecoLedger data layer makes credits from any recognized registry discoverable across supported chains and feeds a public verification explorer at scan.ecotoken.earth. A free developer API allows third-party applications to query and submit retirements without building proprietary registry infrastructure. On Solana, supported tokens include SOL, USDC, USDT, and BONK, with the Solana Foundation's 5,000 metric ton CO2 retirement through the platform in December 2023 representing one of the most prominent use cases on the network.

Reown operates WalletConnect Pay, a payments infrastructure layer that routes crypto payments from any of the 700-plus integrated wallets to merchants without requiring merchants to integrate each wallet individually. In June 2026, the platform expanded to include Solana, adding SOL, USDC, and USDT as spendable currencies alongside its initial EVM coverage and positioning Solana's native stablecoins as practical spending instruments at merchant point-of-sale. All payments flow through self-custodied wallets, with user funds remaining in wallet custody throughout each transaction rather than passing through a custodial intermediary. AppKit also includes on-ramp services for fiat-to-crypto conversions and a swap interface, giving developers a single SDK that handles the full payment lifecycle from onboarding new users through fiat conversion to executing on-chain transactions. Reown published analysis in July 2026 examining which blockchain networks are best suited for stablecoin deployment, reflecting the company's increasing focus on stablecoin payment infrastructure as a core product direction alongside its wallet connectivity foundation.

Monstrè brings physical-world payments to Solana through NFC-embedded wristbands, cards, and merchandise that connect to Solana Pay without requiring users to have any prior crypto experience. Its crypto cash point model lets customers pay with fiat at a retail counter, receive a whitelist token from the merchant, and have SPL tokens including USDC deposited directly into a non-custodial wallet through a simple QR scan. The wallet is seeded with a small SOL amount to cover future transaction fees, making it immediately functional. This payment infrastructure is designed to serve underbanked populations who lack credit cards or bank accounts, offering a fiat-to-wallet bridge at physical retail locations without requiring exchange registration or KYC. Supported wallets at launch included Phantom and Glow, and the system is built to be white-label and modular, allowing merchants and Web3 projects to deploy Monstrè's Solana Pay-powered infrastructure for their own communities.

Pipe Network is a decentralized CDN replacing centralized content delivery infrastructure with a global mesh of community-operated nodes on Solana, competing directly with Cloudflare, Fastly, and Akamai. Points of Presence (PoP) nodes deploy within roughly 50 miles of end users to serve cached content at sub-10ms latency. Node operators earn $PIPE rewards for verified bandwidth and storage through a Proof-of-Useful-Work mechanism. Transfers are verified via zkTCP and zkQUIC zero-knowledge protocols, with proofs settled on Solana. The $PIPE token uses a burn-mint model where users burn tokens for Data Credits covering bandwidth purchases, while operators receive newly minted PIPE for confirmed delivery. Before mainnet launched in October 2025, testnet processed over 60 petabytes across 290,000 nodes globally. The team cites a 70% latency reduction and 100x cost advantage versus traditional CDN providers. Backed by Multicoin Capital and Solana Ventures, Pipe Network raised $10 million in Series A funding.

DIA provides on-chain price feeds for traditional financial instruments including equities, commodities, and foreign exchange rates through its Real World Asset Feeds product line. These feeds target RWA tokenization protocols that require reliable references to off-chain traditional financial markets, making DIA a data infrastructure layer for the TradFi-to-DeFi pipeline. The platform's Fundamental Valuation Feeds additionally serve collateral and reserve verification for LSTs, overcollateralized stablecoins, and RWA tokens with defined reserve structures. DIA's TradFi integrations illustrate this positioning directly: an August 2026 deployment with ST0x supplies live reference prices for tokenized equity trading via a spread-on-top AMM design requiring accurate real-time pricing of off-chain equities. The platform's data pipeline is fully auditable from source to chain, meaning tokenization protocols using DIA feeds can demonstrate exactly how each reference price was computed—an important trust factor for protocols bridging regulated assets. DIA ZK, launched in July 2026, adds zero-knowledge proof verification to this offering, enabling cryptographic proof of data provenance rather than reliance on operator attestation alone.

Zero Hash operates as a B2B crypto payments infrastructure provider, enabling financial institutions, fintechs, and payment processors to offer stablecoin settlements, on-ramps, and off-ramps through a single API integration. Its Transact pillar handles the full money-movement stack: stablecoin payins, global payouts, fiat-to-crypto on-ramps, and crypto-to-fiat off-ramps. Partners including Stripe, Visa, and Gusto have embedded Zero Hash's payment rails into their own products to move money faster and at lower cost by routing settlements over blockchain infrastructure. Gusto's January 2026 launch of stablecoin global payroll payouts is a direct example, routing contractor payments as stablecoins through Zero Hash's backend. Revenue is transaction-based, with a blended take rate averaging roughly 0.15% on settled volume across $50 billion in total transaction value.

Natix Network is a DePIN project on Solana that turns smartphones, dashcams, and vehicle-mounted cameras into a coordinated sensor layer for autonomous driving data. Contributors run the Drive& app or use the VX360 dashcam, driving their normal routes to passively generate anonymized footage that enterprises purchase for AI model training and mapping. By mid-2025 the network had enrolled 2.89 million drivers across 33 countries, producing over 165,000 monthly multi-camera hours of validated road data. The platform's edge-first design runs AI anonymization directly on contributors' devices before any data is transmitted, providing regulatory compliance advantages over traditional camera operators. Enterprise partnerships with Grab, Valeo, the University of Freiburg, Google, NVIDIA, and Amazon validate the data supply chain. The project has raised $9.6 million from Borderless Capital, Nomura's Laser Digital, and other institutional backers, making it one of Solana's most established DePIN networks.

XNET builds carrier-grade Wi-Fi offload hotspots as a DePIN network on Solana, targeting high-density venues such as airports, stadiums, hospitals, and enterprise campuses. Passpoint (Hotspot 2.0) lets smartphones authenticate automatically via SIM credentials without passwords or captive portals, the same standard carriers use in airports and transit hubs. By October 2025, XNET had approximately 1,200 active nodes with over 31 million device connections served and 75,000 GB of cumulative data offloaded. Hardware sold directly by XNET includes indoor and outdoor WiFi 7 enterprise access points rated for 500 or more concurrent users. XNET functions as a neutral-host partner to mobile carriers rather than a competing network, generating dollar-denominated revenue from data offloaded across venues. The protocol applies 80% of carrier payments to buying back and permanently burning XNET tokens on Solana, tying deflation to real network usage rather than speculative emission. Operator rewards are distributed 70% by measured gigabytes transferred, 25% by Enhanced Proof-of-Coverage, and 5% by Base Proof-of-Coverage. A commercial roaming agreement with AT&T covering 1,300 or more locations and approximately 150 million subscribers confirms the network meets carrier-grade technical requirements.

Orbital is a regulated fintech platform providing businesses with a unified gateway for accepting and distributing stablecoins and fiat currencies across global payment rails. Founded in 2017 and licensed in the UK, Gibraltar, Estonia, and Switzerland, it supports USDC and USDT alongside BTC and ETH for pay-ins, with automatic conversion to a preferred settlement currency at the point of receipt. The platform includes embedded payment pages, eInvoicing, and API integration options, enabling merchants and enterprises to accept stablecoin payments without building separate compliance infrastructure. Transaction screening and real-time monitoring are built into the compliance stack at the point of each payment. Orbital processes over $12 billion in annualized transaction volume across more than one million transactions per year. Its payout module supports near-instant stablecoin settlements around the clock, seven days a week, across web platform, API, or batch file upload. USDC on Solana has been natively supported since 2022, positioning Orbital as one of the earlier regulated B2B payment providers to integrate Solana-native stablecoin acceptance into an enterprise payment workflow alongside other major chains.

Coins.ph brings the Philippine peso on-chain through PHPC, the country's first central-bank-regulated peso stablecoin, issued under the BSP Regulatory Sandbox Framework and backed by peso assets in Philippine banks. The platform has processed over $20 billion in total volume across payments, remittances, and crypto trading since 2014. Dual BSP licensing — Electronic Money Issuer and Electronic Payment and Financial Services — gives it formal standing across the Philippine financial system. PHPC is 100% collateralized by cash, time deposits, and money market instruments, with Proof-of-Reserves audits verifying the peg. It exited the BSP sandbox in June 2025 with unlimited minting capacity, confirming its status as a production-ready regulated instrument. On Solana, it enables peso FX pairs like USDC/PHPC and EURC/PHPC and gives DeFi protocols a compliance-ready entry point for Philippine users.

First Digital Labs has positioned FDUSD as a payment settlement layer alongside its DeFi use cases, pursuing merchant adoption through an integration with FOMO Pay. The partnership enables on-chain stablecoin payments via both Ethereum and Solana, allowing merchants in FOMO Pay's network to accept and settle FDUSD for real-world transactions. This payment infrastructure targets cross-border remittances and commercial settlements where Solana's throughput profile — transactions settling in milliseconds at fees typically under $0.001 — makes on-chain payment flows economically practical. The reserve structure underpinning FDUSD also aligns with institutional payment requirements. Reserves are held in short-dated US Treasury bills, overnight repurchase agreements, and cash at regulated banking institutions, all custodied by First Digital Trust Limited under Hong Kong's Trust Ordinance with monthly public attestations from Prescient Assurance. First Digital Labs holds ISO 27001, SOC 1, and SOC 2 certifications, reflecting enterprise-grade operational security relevant to payment processors and merchants. The zero minting and redemption fee model reduces friction for payment use cases that require frequent conversion between FDUSD and fiat or other assets.

Sourceful Energy is a DePIN project applying blockchain coordination to the physical energy grid. Its core model connects homeowners' distributed energy resources — rooftop solar inverters, home batteries, and eventually electric vehicles — to a community-owned virtual power plant (VPP) that operates on Solana. Participants install the Sourceful Energy Gateway, which attests device identity and energy telemetry on-chain, earning SRC token rewards in return for their contributions. By aggregating many small energy assets across geographies into a single coordinated network, Sourceful can bid into ancillary services markets — frequency response, demand flexibility, capacity reserves — on behalf of its members. The project exemplifies the DePIN model's core promise: using token incentives to bootstrap a network of physical hardware that generates real-world economic value. Early-phase rewards attract hardware operators; those operators collectively build the network scale needed to access energy markets. Sourceful has pursued multiple expansion paths typical of DePIN projects — a proposed Helium subnetwork integration to leverage existing hardware operators, and a dual-mining partnership with Entropy (ENT) that lets existing gateways earn additional token rewards. With backing from the Swedish Energy Agency and relationships with established utilities, the project navigates the heavily regulated energy sector with public-sector credibility that pure token-incentive networks rarely possess.

Stable targets institutional-grade real-world assets as collateral for its USDX stablecoin, focusing on the same agency mortgage-backed securities — Fannie Mae and Freddie Mac instruments — that constitute a significant portion of the Federal Reserve's balance sheet. The protocol connects directly to loan origination systems via API, with legal and compliance infrastructure designed to meet US regulatory requirements. This positions Stable at the intersection of traditional mortgage finance and on-chain capital markets. By tokenizing assets that underpin trillions of dollars in US mortgage debt and making them accessible through a DeFi stablecoin, Stable bridges institutional fixed income with the emerging on-chain capital market in a way few protocols have attempted.

AlphaFC tokenizes real-world professional football clubs, bringing physical sports organizations onto the Solana blockchain through public USDC token sales. The project's first deployment was Alfreton Town FC, a sixth-tier English side acquired for approximately 574,000 GBP, rebranded as a blockchain-native club, and relaunched with its stadium renamed Solana Stadium under a naming rights deal. Sponsorships from Phantom, Raydium, and Bonk — collectively worth roughly 405,000 USD — provided commercial validation connecting real-world sports infrastructure to on-chain capital. Rather than treating football clubs as abstract digital assets, AlphaFC restructures them as legal entities in which token holders become formal members with governance rights over real operational decisions including player budgets, staffing, and community programming. Token sale proceeds flow directly into club operations, not to equity holders, making the model one of the more concrete attempts to place an operational real-world institution under on-chain community control.

Banxa is a B2B payment infrastructure provider that gives Solana wallets, exchanges, and dApps a hosted fiat on-ramp and off-ramp without requiring them to build their own payment processing or compliance stack. Users pay with credit and debit cards, bank transfers, Apple Pay, Google Pay, PayPal, and Klarna; Banxa handles settlement and delivers SOL or other assets directly to the user's wallet address. The platform covers 180 or more countries and 30 fiat currencies, with partners including Trust Wallet, MetaMask, Kraken, and OKX. Solana applications can integrate Banxa hosted checkout in days through a referral URL, API, or React Native SDK. As a subsidiary of OSL Group since January 2026, Banxa brings institutional backing and an expanded regulated presence to its fiat gateway and payment conversion services across the Solana ecosystem.

edgeX was incubated by Amber Group and founded by professionals from Goldman Sachs, Barclays, Morgan Stanley, Bybit, and Huobi, combining institutional trading experience with crypto-native exchange expertise. In February 2026, Circle Ventures made a strategic investment in the platform alongside native USDC integration, ensuring every USDC held on edgeX maintains a guaranteed 1:1 dollar redemption backed by Circle's reserve structure. The platform's product offering extends into tokenized real-world assets and US equity perpetuals, bringing institutional asset classes into on-chain derivatives markets. Its EDGE Chain architecture — with a modular multi-VM design and Parallel Transaction Execution — is engineered to meet the throughput and latency standards expected by professional trading desks and institutional counterparties.

rhino.fi provides enterprise-grade stablecoin payment settlement infrastructure for fintechs, neobanks, card programs, DEX aggregators, and payroll products that need reliable, programmable dollar-on-rails across multiple blockchains. Its Stablecoin Activation Stack covers deposit receipt, cross-chain routing, compliance screening, and automated on-chain execution — enabling businesses to accept stablecoin payments from any of 30+ supported chains and settle them in under ten seconds. A key product for payment use cases is Stablecoin 1:1, launched in March 2026, which guarantees USDC-to-USDT settlement at genuine parity with transparent fixed fees and no hidden spreads. The platform estimates that businesses processing $10 million monthly can lose around $5,000 to hidden conversion costs without such a product. MEV protection on bridge routes and configurable settlement speed tiers further suit high-value, time-sensitive payment flows, and the platform's 99.99% transaction success rate reflects its positioning as production-grade payment infrastructure.

Confirmo is a MiCA-licensed stablecoin payment gateway enabling businesses to accept, settle, and disburse cryptocurrency across 141 countries, processing over 80 million USD monthly. The product suite covers merchant checkout with WooCommerce integration, structured inbound deposits for iGaming and forex clients, and batch payouts at 0.5% via REST API or no-code tools with no monthly or connection fees. The Solana-native Subscribe product uses the Subscriptions and Allowances program for recurring wallet-pull billing, supporting USDC and USDG through SPL and Token-2022 standards without card networks or custodial intermediaries. Dual Irish authorization as both a Crypto-Asset Service Provider under MiCA and a Payment Institution makes Confirmo among the first licensed stablecoin processors in Europe to hold both registrations simultaneously.

Rain operates a B2B infrastructure platform for stablecoin-linked Visa card issuance, letting fintech companies and developers issue branded prepaid cards funded directly from stablecoin wallets. The platform supports both custodial and non-custodial configurations across multiple blockchains. In May 2025, Rain added native Solana support, making it the only Visa Principal Member offering multi-chain card issuance via a single API. The Solana project KAST was among the first to deploy, issuing cards linked to users' Solana wallets for real-time spending at any Visa-accepting merchant. On the consumer side, Rain became the first Bahraini crypto platform with in-app BenefitPay checkout in May 2026, letting users purchase crypto directly through Bahrain's national payment network without leaving the app. Holding a CBB Category 3 license, ADGM Financial Services Permission, and in-principle VARA approval, Rain pairs its expanding payment products with multi-jurisdictional regulatory coverage across the MENA region.

GoPay is a regulated Central European payment gateway that enables merchants to accept Solana at checkout alongside cards, digital wallets, and bank transfers. Licensed by the Czech National Bank and National Bank of Belgium under PSD2, it converts SOL to Czech crowns or euros in real time, so merchants carry no exchange-rate risk and never manage wallets or on-chain addresses directly. PCI DSS Level 1 certified since 2015, GoPay embeds crypto acceptance into a fully regulated payment stack serving more than 55 payment methods across 19 languages. For Solana holders in Central Europe, GoPay-enabled checkouts are one of the few regulated paths to spend SOL with real merchants without converting to fiat first. Integration is available via REST API and ready-made plugins for PrestaShop, Magento, and OpenCart. With more than 19,000 active merchants across the Czech Republic, Slovakia, Poland, and Hungary, GoPay gives SOL tangible real-world spending reach through a licensed payment layer that handles compliance, conversion, and settlement end to end.

Brex is a corporate financial platform that provides companies a Mastercard-based corporate card accepted in more than 50 countries with no foreign-transaction fees, alongside bill pay and expense management tools. On September 30, 2025, Brex introduced native stablecoin payments using USDC, becoming the first global corporate card platform to enable businesses to send and receive stablecoins and pay card balances directly with stablecoins. The stablecoin payments layer is built with Solana as a primary settlement rail, allowing transactions to settle in seconds around the clock with zero conversion fees. For companies in the Solana ecosystem, the integration means USDC held on-chain can be used directly for business expenses and vendor payments without converting to fiat, eliminating the friction of traditional banking-hours-constrained wire transfers.

ONE.io is a UK-headquartered financial services platform founded in 2017 that bridges traditional finance and crypto for businesses in high-risk or underserved sectors. Its two product lines — ONE.io Connect and ONE.io Fusion — combine multi-currency business accounts with crypto trading and payment processing capabilities. ONE.io Connect provides GBP, USD, and EUR business accounts with IBAN, UK Sort Code, and Account Number, supporting Faster Payments (up to GBP 250K within 20 minutes), CHAPS, SEPA, SEPA Instant, and SWIFT. ONE.io Fusion adds automated crypto trading across 20+ digital assets, a 24/7 OTC desk, and a crypto payment gateway with API-based deposit, withdrawal, and balance queries. In May 2025, ONE Gateway launched in partnership with BoomFi, offering pay links, checkout embeds, invoices, recurring billing, and automated crypto-to-fiat conversion into EUR, GBP, or USD IBAN accounts.

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.

Decal is a stablecoin payments platform on Solana that enables brick-and-mortar and e-commerce merchants to accept digital dollar payments through existing point-of-sale infrastructure, starting with Square devices. Merchants pay a flat 1% processing fee versus the traditional 3–3.5%, with settlement completing in seconds on Solana. Customers pay by scanning a QR code and selecting from supported stablecoins — USDC, USDT, PYUSD, USDG, and USDS — with no app download or account creation required. A stored-value loyalty program lets customers preload funds earning 6–8.1% APY, with yield funding rewards rather than cutting merchant margins. Decal has processed $4.1M+ across 42,000+ completed payments from live deployments and was accepted into Colosseum Accelerator Cohort 3, one of 10 projects selected from over 1,400 submissions.

BlockBee is a non-custodial cryptocurrency payment processor that enables businesses to accept digital asset payments with funds forwarded directly to the merchant's own wallet — BlockBee never holds funds in custody. Founded in September 2022 as an enterprise successor to CryptAPI, the platform processed over $100M for 10,000+ merchants globally by January 2026. Merchants integrate via RESTful API, hosted checkout pages, payment links, POS QR codes, or e-commerce plugins for WooCommerce, Shopify, Magento, OpenCart, PrestaShop, and WHMCS. The platform supports 100+ cryptocurrencies including SOL and Solana-based USDC, with live fiat conversion across 33+ currencies and fees ranging from 0.25% to 1% per transaction with no setup or monthly charges.

DashX is a multi-chain crypto payment platform that lets merchants and businesses accept cryptocurrency through a non-custodial payment gateway while settling directly to their own wallets. The DashX Gateway API integrates with more than 40 blockchain networks including Solana, Ethereum, Arbitrum, and Base, enabling merchants to generate hosted payment links or embed crypto checkout into their own applications via a REST API and Merchant ID authentication. The platform supports one-time and recurring subscription payments in USDC. Merchants receive funds directly to their wallets without DashX taking custody at any point, while webhook notifications signed with HMAC-SHA256 keep merchant backends informed of payment status in real time. For Solana-based businesses, DashX offers a low-fee path to accepting global stablecoin payments with near-instant settlement finality alongside a structured developer integration path.

Bitzaro is an EU-licensed Virtual Asset Service Provider (VASP) founded in 2023 in Czech Republic that bundles fiat-to-crypto conversion, an MPC wallet layer, a crypto invoicing system, and a Visa prepaid card into one integrated platform. The REST API ships a payment widget compatible with HTML, React, Svelte, Angular, and Vue, secured by x-signature authentication. InstaInvoice enables businesses to send USDT invoices across TRC-20, BEP-20, and ERC-20 networks without writing code, while the Bitzaro Card is a Visa prepaid card spendable at 40 million merchants globally. The platform supports nine digital assets across more than twenty blockchains including Solana, and is listed under On/Off Ramps on DappRadar.

Blockchain.com, founded in 2011 as the world's first Bitcoin blockchain explorer, has processed over $1.1 trillion in cumulative transaction volume across 200+ countries for its 95 million wallet users. Its BCPay feature enables instant funding of the non-custodial DeFi Wallet from a custodial account, and the platform supports integrated buy, sell, and swap functionality with maker fees as low as 0.00% and taker fees starting at 0.06%. The non-custodial DeFi Wallet supports 5,700+ tradable assets across multiple chains and connects directly to DeFi apps, including Solana-native protocols. In July 2026, Blockchain.com partnered with Polymarket for prediction market access, broadening its transaction platform reach. The company has maintained zero customer fund losses across its 15-year history and has reported three consecutive years of adjusted profitability.

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.

Day1X was an Australian cryptocurrency exchange based in Melbourne, founded in 2021 by Phil Horner and David Swinden — the co-founders of Fusion Markets, a forex and CFD broker reportedly processing $100 billion in monthly forex volume across 180+ countries. The platform positioned itself as the lowest-fee option for Australian retail traders under the tagline "More Crypto For Less," charging a flat 0.1% trading fee with no deposit or withdrawal charges. Day1X supported 10 digital assets including a SOL/AUD pair alongside BTC, ETH, USDT, USDC, XRP, BNB, ADA, AVAX, and LINK, with four order types: market, limit, stop, and stop-limit. Deposit methods included Visa, Mastercard, bank wire, PayID, and crypto transfers, with fiat withdrawals processed same-day before 11am AEST. AUSTRAC registered (ACN 656 508 815), the exchange announced its closure in March 2026 and entered withdrawal-only mode on April 6, 2026, with its website going offline on May 8, 2026.

Altitude is a financial operating system built by Squads that enables businesses to send and receive payments globally through stablecoin rails and licensed payment service provider integrations. Outgoing payments route over ACH, SEPA, Wire, and SWIFT through partners Bridge, MoonPay, Infinite, and Due, covering 150-plus countries, while stablecoin transfers are supported across Solana, Ethereum Mainnet, Base, Avalanche, and Tempo. The platform's 24/7 settlement model eliminates the business-hours constraints of traditional interbank clearing, with full transaction history recorded on-chain for auditability. Since its December 2025 launch, Altitude has processed more than $200 million in payments for exporters, global agencies, crypto-native companies, and cross-border remote teams, including Solana ecosystem partners Metaplex, Jupiter, Kamino, and MetaDAO.

Multisender.app is a batch payment tool that compresses the distribution of SOL and SPL tokens to hundreds or thousands of wallet addresses into a single validated workflow. Users connect a Solana wallet, upload a recipient list with corresponding amounts, and Multisender batches the transfers into optimally sized transactions that respect Solana's per-transaction constraints — turning what would otherwise require thousands of individual sends into a small number of signed operations. Three distribution modes cover distinct payment scenarios: Classic Multisender, where the sender covers all fees and recipients receive tokens immediately; Massdrop Multisender, where recipients pay their own claiming costs to reduce upfront sender expense; and NFT Multisender for bulk non-fungible token distributions. The platform has processed over $798 million in total volume across 85,000-plus transactions, serving airdrops, staking reward payouts, DAO contributor compensation, gaming token distributions, and team vesting releases on Solana and 52-plus other networks.

Router Protocol includes Router Pay, a dedicated payment layer with cross-chain settlement capability. The product handles payments that require moving value across blockchains in a single flow using the Open Graph Architecture's multi-chain routing infrastructure. In February 2025, Router Pay expanded to include CEX withdrawal functionality, and Router Nitro added similar capability in March 2025. The OGA infrastructure supports cross-chain payment flows by discovering optimized paths across more than 100 routes connecting 30+ chains including Solana. Router's Hyperliquid integration directed transaction fees toward ROUTE token repurchases distributed to stakers, illustrating a fee-routing use case built on the same settlement layer. The platform targets 99.5% settlement reliability and sub-10 basis point execution costs.

Request Network is a non-custodial, open-source payment protocol that enables businesses and individuals to send and receive cryptocurrency payments directly between wallets without relying on intermediaries. It has processed over $1 billion in on-chain transaction volume across more than 3,000 companies, charging fees starting at 0.25% compared to up to 2.9% for traditional payment processors. The protocol handles cross-chain token routing automatically, allowing payers to use any supported stablecoin while recipients receive their preferred currency — covering approximately 95% of global stablecoin supply. Payment context is attached directly to transactions for automatic reconciliation and auditable on-chain records. Request Finance, the application built on top of the protocol, processed over $254 million in on-chain invoices as of late 2025, with multi-chain expansion including Solana announced for 2026.

VNX is a Liechtenstein-based fintech issuing regulated blockchain tokens representing real-world assets, covering both LBMA-certified physical gold and European fiat currencies. Registered with Liechtenstein's Financial Market Authority under the Principality's Blockchain Act with six FMA licenses, VNX brings a defined regulatory and custody framework to on-chain RWA. Four tokens—VNXAU (gold), VEUR (euro), VCHF (Swiss franc), and VGBP (British pound)—cover both commodity and fiat-currency exposure for European investors and DeFi participants. Physical gold backing VNXAU is held in segregated high-security vaults in Liechtenstein, outside VNX's balance sheet and not part of the bankruptcy estate in an insolvency scenario. Regular reserve audits by Areva General Auditing and Trust Company Limited confirmed adequate backing for all four tokens for December 2023 and December 2024. On Solana, VNX tokens trade on Orca, Raydium, and Kamino, offering regulated RWA exposure with near-instant settlement across a chain with over 30 integrated ecosystem partners.

ZARP brings the South African Rand on-chain as a fully collateralized, 1:1 pegged stablecoin, enabling merchants and individuals to send or receive rand-denominated value without bank intermediaries, SWIFT delays, or high settlement fees. Solana's low per-transaction costs make it particularly suitable for small rand-denominated payments where Ethereum fees would be prohibitive. Three South African issuing partners—AFRIDAX, ChainEX, and OVEX—provide fiat on- and off-ramps, allowing users to acquire and redeem ZARP directly for rand through regulated trading pairs. Liquidity on Orca and the Jupiter aggregator ensures ZARP is composable across Solana's payment and DeFi ecosystem, making it a practical settlement layer for merchant and consumer payment flows.

AUDD enables fast, regulated Australian dollar payments across blockchain networks, settling in seconds compared to the one-to-four business day delays of traditional bank transfers. As an SPL token on Solana, AUDD integrates with on-chain payment rails and wallets, providing a compliance-auditable AUD settlement layer for both individual and enterprise transactions without requiring counterparties to absorb foreign exchange risk. Issued under ASIC oversight and Australian Financial Services Licence No. 700123, AUDD carries the regulatory credentials required by institutional payment counterparties. A 0.20% redemption fee and no management or performance fees make it cost-competitive with traditional payment infrastructure, and its deployment across eight blockchains—including Solana, Ethereum, Stellar, and XRP Ledger—maximizes interoperability for AUD payment corridors.

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.

Hyphe launched the first tokenized zero-coupon Bitcoin bond in Germany in September 2025, offering Bitcoin-backed exposure through a regulated securities structure. The product targets institutions unable to hold spot crypto directly, providing Bitcoin exposure within a compliant wrapper. Hyphe's Wertpapierinstitut license under MiFID II and MiCAR license received in November 2025 provide the regulatory foundation for tokenized securities issuance and EU-wide distribution. The Bitcoin Bond extends Hyphe's regulated infrastructure into tokenized real-world asset products for European financial institutions. Its distribution network—including Deutsche Bank's corporate banking division, VanEck ETP solutions, and the Volks- und Raiffeisenbanken cooperative network—provides established institutional channels for the product. ISO 27001 certification for information security management underpins the compliance infrastructure supporting the tokenized securities offering.

XPlace is a non-custodial crypto credit card built on Solana that lets users borrow USDC against deposited collateral and spend it at any Visa-accepting merchant in over 160 countries, without selling their underlying crypto holdings. The Visa card integrates with Apple Pay and Google Pay, with virtual card access activated immediately on approval and physical cards issued subsequently. Card payments in Credit Mode borrow at transaction time through Kamino Finance's on-chain lending layer, so no pre-funded balance is required for everyday spending. Four membership tiers provide cashback rates of 1% to 4% in USDC, with paid tiers offering category spending bonuses and reduced foreign exchange fees—Platinum members pay 0% foreign exchange fees, making XPlace a globally accessible Solana-native payment platform.

OnRe is a real-world asset protocol on Solana that channels digital asset capital into licensed property and casualty reinsurance contracts, a traditional financial market exceeding $800 billion in annual premiums. The project issues ONyc, a yield-bearing token where each unit represents a proportional fractional claim on a legally ring-fenced segregated account collateralizing real reinsurance exposure. Premium income earned from active underwriting contracts flows back to token holders, producing yield derived from actual insurance cash flows rather than crypto-native mechanisms such as staking, liquidity incentives, or leverage. OnRe's RWA approach is distinguished by substantial regulatory infrastructure. The company operates under dual licenses from the Bermuda Monetary Authority — an Insurance Act license for reinsurance operations and a Digital Asset Business Act license for its on-chain infrastructure. Third-party NAV attestations from institutional provider Apex and DeFi-native verification through Accountable provide on-chain transparency into underlying asset performance. The protocol reached $100 million in assets under management in February 2026 and has since expanded to cross-chain deployment on Ethereum, establishing ONyc as one of Solana's more scaled real-world asset primitives.