GM from THE RWA DESK! Your one-stop shop for everything RWA Front-Row Intelligence, Front-line Dealflow.
The RWA Desk welcomes Edition 4: delivering meaningful intelligence and insight into the Real World Asset ecosystem.
NYSE
Here’s What We Got For You:
RWA Market Snapshot — $34B in RWA TVL & 420k+ Holders
Insider Opinions — Fairmint & Psalion
Top Stories We’re Watching — Plume, Streamex & Swift
Front-Line Deal Sheet — Selected Deal Flow We’re Watching
Desk Chatter — Monetary Debasement & RWA’s
1.RWA Market Snapshot
RWAs Just Crossed $34B Onchain With 420k+ Holders!
Total RWA Assets & Asset Holders (Source: rwa.xyz)
2. Insider Opinions
Alec Beckman, VP of Growth at Psalion
Liquidity in Tokenized Private Markets Will Be Borrowed, Not Traded.
In traditional finance, liquidity has always meant the ability to sell an asset quickly at a fair price. In tokenized private markets, that definition is evolving. These assets are not designed for constant price discovery. They are designed for verifiable ownership and programmable collateral.
The next phase of RWA liquidity will come from instantaneous borrowing, not secondary trading. Once provenance and valuation are recorded on-chain, lenders can price risk algorithmically and extend capital without requiring a sale.
This reframes what liquidity means in the digital era. It is no longer about finding a buyer, but about unlocking capital efficiently while maintaining ownership. For private credit, venture equity, and fund interests, tokenization will not create day traders. It will create a frictionless borrowing layer that keeps capital in motion while assets stay in place.
Joris Delanoue, Co-Founder & CEO of Fairmint
Institutional adoption won’t come from repackaging yesterday’s rails in new language, or cherry picking an ecosystem. It will come from infrastructure that is onchain at its core! Designed to make capital formation faster, cleaner, and more transparent. Despite the attention incumbents command, adoption is not only possible, but already accelerating when capital providers and innovators bypass legacy preferences and deliver solutions that simply work better.
Established intermediaries lack both the mandate & the incentive to lead this transition, which is why Web3-native builders are the ones setting the pace. The future of finance won’t be determined by who makes the loudest announcements, but by who quietly solves the hardest problems of trust & liquidity. Those are the platforms that will earn adoption. And those are the rails on which capital will ultimately move.
RWA Desk Partners
The NYC RWA Meetup is partnering with the Aptos Foundation to bring you special VIP passes to The Aptos Experience, returning to Brooklyn this October 15–16 at ZeroSpace.
🎟️Full Agenda & Tickets at: experience.aptosfoundation.org
VIP Code: AE25-RWA
This two-day event spotlights the builders, founders, and investors scaling real-world innovation onchain. From tokenized credit and stablecoin-powered payments to institutional-grade DeFi and next-gen trading infrastructure.
Expect live demos, deep conversations, immersive games, exhibits, and community surprises, plus plenty of serendipitous networking across the Builder House: an all-access zone for entrepreneurs ready to turn ideas into traction.
New this year: 1:1 Office Hours with Aptos experts offering personalized guidance on growth, funding, and go-to-market strategy.
Additional Welcome Events on Oct 14 and Closing Party on Oct 16 details at the bottom of the Aptos Experience event page and also here:
3. Top Stories We’re Watching
Plume Acquires Dinero
Plume is currently acquiring Dinero Protocol to plug their existing liquid-staking infrastructure into Plume’s RWA chain—so the same venue that tokenizes assets can also offer defi enhanced yield products. The acquisition hit the press just days after Plume registered with the SEC as a transfer agent, giving them regulated record-keeping and lifecycle control for tokenized securities. Both of these moves will result in Plume’s ability to provide institutional grade yield with above-board compliance under one roof.
Streamex $100M pre-sale for yield bearing gold stablecoin (GLDY)
Streamex $STEX ( ▼ 7.3% ) launched a pre-sale for GLDY, a gold-backed stablecoin targeting up to 4% annualized yield (paid in ounces via gold-leasing), with $100M initial issuance capacity that will be scalable to $1B. Streamex will co-invest at least $5M into the issuance and is aiming at qualified investors with a min of $200k for individuals and $1M for institutions.
SWIFT To Add Blockchain To Its Infrastructure Stack
SWIFT is adding a blockchain based shared ledger to its stack, piloting with 30+ global banks—including HSBC, BNP Paribas, Deutsche Bank and many others—to move tokenized assets and money across borders on always-on rails. SWIFT connects 11,000+ institutions across more than 200 countries and territories, so this integration effectively brings blockchain rails to the existing interbank footprint—no rip-and-replace. For RWAs, it’s the missing bridge: bank-grade connectivity to tokenized securities that works with today’s infrastructure.
4. Noteworthy Transactions (Late Sept/Early Oct 2025)
Deal | Date | Desc. | Size | Parties |
|---|---|---|---|---|
10/7 | Cathie Wood’s Ark Venture Fund Invested Into Securitize | $10M | Ark Invest & Securitize | |
10/7 | Ondo Acquires Broker Dealer Oasis Pro | Undisclosed | Ondo & Oasis Pro | |
10/8 | Plume To Acquire Broker Dealer Dinero | Undisclosed | Plume & Dinero |
5. The RWA Desk Chatter
Why is the S&P500, Gold, Bitcoin, Money Markets, & Home Prices at all time highs, yet the average consumer feels behind on their bills? Two words: Monetary Debasement—your dollars buy less over time as policy adds more of them. Your dollars are melting ice cubes in the face of money printing. Capital migrates toward scarcer, harder-to-print assets and away from cash that melts in value. That migration is exactly what we’re seeing.
Gresham’s Law puts forth the idea that bad money drives out good, otherwise said, people spend the money that loses value, and save the money they trust. It’s the reason why 65% of all BTC in circulation hasn’t moved in over 1 yr, and why Gold is a major forward indicator of economic volatility.
If nearly all financial assets are priced in dollars, how do you protect yourself?
“Sound money” isn’t stashing a few gold bars under your mattress, it’s portfolio habit. Of the $1.7T sitting in non-btc digital assets—and tens of trillions parked in fiat deposits and cash-like funds—only a slice is positioned for debasement risk. As a retail or smaller enterprise, this type of nuance in portfolio construction has been difficult to obtain and manage, until now, with tokenization.
Our view is simple: tokenization will allow greater nuance to portfolio construction. It will enable investors to capture value while protecting purchasing power—especially in moments like these. As for now, keep your eyes out, question everything, and be willing to take a different path. Asymmetry is a result of nonconformity.
If you’re looking for support on your RWA initiatives, we are confident we can route you in the right direction. Reach out here or below!
Catch ya on the next—
THE RWA DESK