NORSE/Digital Assets
NORSE · Tokenized real-world assets
Digital assets
Bridging traditional securities and on-chain real-world assets. Tokenized treasuries (BUIDL, BENJI, OUSG), gold (PAXG, XAUT), real estate, private credit, funds. Unified view across blockchains and jurisdictions.
BETA
RWA market size
$30.4B+5.40%
since 2022 (+540%)
2030 projection
$9T
BCG · Citi · BlackRock midpoint
Tokenized assets tracked
15
5 asset classes · 6 blockchains
Total tracked AUM
$6,287M
Market composition by asset class
Treasuries
42% share+84% YoY
Private credit
31% share+62% YoY
Real estate
12% share+41% YoY
Commodities
9% share+28% YoY
Funds + equity
6% share+112% YoY
Tokenized treasuries
On-chain US Treasury bill exposure · $5B+ category
BUIDLEthereum
BlackRock USD Institutional Digital Liquidity Fund
BlackRock + Securitize
Short-duration US Treasury bills
Price
1.00
TVL
$2,840M
Yield
5.1%
ERC-1400securityUS, EU, BVI
BENJIStellar
Franklin OnChain US Government Money Fund
Franklin Templeton
US Treasury bills + repos
Price
1.00
TVL
$720M
Yield
4.9%
ERC-1400securityUS
OUSGEthereum
Ondo Short-Term US Government Bond Fund
Ondo Finance
BlackRock iShares Treasury ETF wrapper
Price
109.42
TVL
$480M
Yield
4.8%
ERC-3643securityUS, CH
USDMEthereum
Mountain Protocol USDM
Mountain Protocol
Tokenized short-duration treasuries
Price
1.00
TVL
$120M
Yield
4.7%
ERC-20securityBM
USTBEthereum
Superstate Short Duration Treasury Bond Token
Superstate
US Treasury bills
Price
10.04
TVL
$162M
Yield
5.0%
ERC-1400securityUS
Tokenized commodities
Allocated gold, agricultural baskets
PAXGEthereum
PAX Gold
Paxos Trust
Allocated physical gold · London Good Delivery
Price
2,341.20
TVL
$562M
24h
+0.42%
ERC-20US, EU
XAUTEthereum
Tether Gold
TG Commodities
Allocated physical gold · Swiss vault
Price
2,339.40
TVL
$632M
24h
+0.39%
ERC-20Global
CACAOPolygon
Tokenized cocoa futures basket
Agri-Tokens AG
ICE cocoa front-month futures
Price
7,842.00
TVL
$18M
24h
+2.40%
ERC-1400securityCH
Tokenized real estate
Class-A commercial property tokens
PROPCEthereum
Tokenized Manhattan office REIT
Republic Realm
Class-A Manhattan office portfolio
Price
102.40
TVL
$84M
Yield
6.2%
ERC-3643securityUS
LONDONREPolygon
Tokenized London commercial RE basket
Tokeny
London commercial property basket
Price
99.80
TVL
$124M
Yield
5.4%
ERC-3643securityUK, LU
Tokenized private credit
On-chain corporate lending + emerging-market trade finance
MAPLEEthereum
Maple cash management pool
Maple Finance
Diversified investment-grade corporate lending
Price
1.00
TVL
$380M
Yield
6.4%
ERC-1400securityGlobal
CREDIXSolana
Credix emerging market credit
Credix
Emerging market trade finance + receivables
Price
1.00
TVL
$92M
Yield
9.2%
SPLsecurityBR, MX, EU
Tokenized funds + equity
ETF wrappers and fund-share tokens
TSPXEthereum
Tokenized S&P 500 ETF wrapper
Backed Finance
iShares S&P 500 ETF (IVV)
Price
542.18
TVL
$41M
Yield
1.2%
ERC-3643securityCH, LI
STRATIX-ESGPolygon
Stratix Global ESG Fund · pilot token
Northflow Technologies AS
Stratix Global ESG fund Article 9 equivalent
Price
104.80
TVL
$4M
Yield
2.1%
ERC-3643securityNO, EU
GCCSWFPolygon
GCC Sovereign Wealth Sleeve token
ADGM Holdings (pilot)
GCC sovereign portfolio sleeve (ISSB-aligned)
Price
101.20
TVL
$28M
Yield
3.4%
ERC-1400securityAE, SA
Why Stratix shows tokenized assets alongside traditional
By 2030, your institutional client's portfolio will hold tokenized treasuries (yielding 5% with T+0 settlement) alongside traditional securities. Bloomberg shows one. Crypto-native tools show the other. Stratix unifies both — COMPLY classifies RWA tokens against SFDR + ISSB, ARGUS generates hypotheses spanning traditional and tokenized exposure, AEGIS traces regulatory risk across both regimes.