The value of tokenized real-world assets (RWA) on Stellar has climbed roughly 360% in 2026 to nearly $4 billion, up from $868.8 million at the end of last year, according to a Dune Analytics dashboard maintained by Stellar.The network’s RWA market cap stood at $3.996 billion as of Aug. 29, spread across US Treasurys, private and public credit, non-US government debt and other tokenized asset classes.The market is concentrated among a handful of issuers. Spiko accounted for $1.55 billion of Stellar’s RWA value as of Aug. 27, followed by Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million and Ondo at $535 million.Stellar’s RWA market cap has surged in 2026. Source: Dune Analytics/StellarStellar has gained ground in non-US government debt. Citing RWA.xyz data, the Stellar Development Foundation said the network held about $490 million in the asset class as of Aug. 20, including tokenized Mexican CETES and Brazilian government bonds issued through Etherfuse.Source: StellarOrgDespite the growth in RWAs, the blockchain’s native XLM token is down about 11% year to date, trading near $0.18, according to CoinGecko data. Related: Coinbase tokenized stocks go live on Base with Chainlink price feedsInstitutional adoption drives Stellar’s RWA growthThe expansion comes as financial institutions and tokenization platforms deepen their use of the network.In May, the Depository Trust & Clearing Corporation (DTCC) announced plans to connect its tokenization service to Stellar, with DTC-tokenized assets expected to become available on the network in the first half of 2027. The integration could eventually support tokenized US Treasurys, major index ETFs and stocks in the Russell 1000.That institutional push continued in July, when tokenization platform Tradable announced plans to bring up to $1 billion in private credit assets to Stellar. The integration is designed to support compliance, investor onboarding and asset lifecycle management, building on $1.7 billion in private credit that Tradable has already tokenized across nearly 30 positions.Stellar has also expanded its role in digital payments. MoneyGram launched its MGUSD dollar stablecoin on the network in June, allowing users to hold dollar-denominated balances and move funds through its global payments network.MGUSD joins roughly $438 million in reserve-verified stablecoins currently issued on Stellar, according to the Dune dashboard.Stellar’s RWA and stablecoin market caps. Source: Dune Analytics/StellarMagazine: Who is legally liable when an AI agent goes rogue?

Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz.Monthly active addresses rose more than 209% to around 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value of tokenized stocks distributed onchain also rose 1.45% over the past 30 days to $2.54 billion, up roughly 637% from $344 million a year ago.Tokenized stock activity accelerated in August. Source: RWA.xyzSecuritize Corp. was the largest individual tokenized stock tracked by RWA.xyz at about $163 million, followed by Strategy PP Variable xStock at $136 million and an Ondo-tokenized version of Circle Internet Group at $109 million.By platform, Ondo led with $842.8 million in distributed value, followed by Kraken’s xStocks at $609.3 million and Binance’s bStocks at $599.9 million. Together, the three accounted for roughly 81% of the market.Related: Arcus launches tokenized perp positions on Robinhood ChainTokenized equities move deeper into crypto platformsThe surge in activity comes as crypto platforms introduce new ways for investors to trade, hold and use tokenized equities onchain.On Aug. 24, Coinbase’s tokenized US stocks went live on Base, allowing eligible non-US users to trade the assets around the clock and use them across decentralized finance applications. The B20 tokens include companies such as Nvidia, Apple, Meta and Alphabet and can be held in self-custody wallets.Source: BaseA day later, Bitwise launched automated portfolios built from Coinbase’s tokenized stocks, allowing eligible non-US investors to follow preset strategies while keeping the underlying assets in their own wallets. The initial portfolios target the “Magnificent Seven,” robotics and artificial intelligence sectors.Other platforms have also expanded how tokenized stocks can be used. In July, Bybit added tokenized shares of Nvidia, Apple, Tesla and other US companies as collateral for margin loans, while Robinhood-backed DEX Arcus launched more than 95 stock tokens and perpetual markets on Robinhood Chain.Magazine: Who is legally liable when an AI agent goes rogue?