Tokenized Asset Holders Hit Record 3.67 Million as Dubai Silver Bar and Stablecoin Credit Go Live
Today’s Focus
Tokenized asset holders hit a 3.67 million record in August, up about 2,500% since May 2025, yet tokenized-stock monthly transfer volume fell 50.96% to $13.14B and active addresses roughly halved — “buy-and-hold” is displacing high-frequency trading. Dubai’s DMCC tokenized a 1,971kg Guinness silver bar, and Tether teamed with Fasanara on a $400M stablecoin private-credit fund as commodities and real-world credit accelerate on-chain.
Industry Flash
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Record holders but cooling trading, tokenized stocks drive 80% of growth — Tokenized-stock holders reached 2.96 million, or 80.58% of all distributed holders; represented value rose to $386.9B (+3.63%) but distributed value sits at just $39.15B, leaving liquidity the key bottleneck and 3.67M counting on-chain addresses rather than individuals.
Dubai DMCC tokenizes 1,971kg Guinness silver bar — The first commodity RWA under the DMCC-VARA framework, issued by Tokinvest as fractional ARVA on BNB Chain with Brink’s custody and DMCC Tradeflow verification, open to qualified institutions and retail from September 7.
Tether and Fasanara launch $400M stablecoin private-credit fund — The StableFund evergreen vehicle settles in USD₮ and targets up to $300M in third-party capital, deploying across fintech lenders in 60+ countries into SME and consumer credit, moving stablecoin settlement infrastructure into private credit.
Oria unveils Oria.xyz strategy, $100 minimum to reach retail RWA — The Hong Kong platform integrates account, verification, subscription and holdings into one ecosystem, backing Mexican SOFOM consumer credit with a senior/subordinated structure that forces the originator to share risk, distributed via EX.IO and Bitget Wallet.
BUIDL retakes tokenized-treasury crown near $2.8B — Roughly 18.5% of the $15.1B tokenized-Treasury market, narrowly ahead of Circle’s USYC; the two traded the lead within the same week as institutions shop competing products rather than defaulting to one issuer.
Stellar leads non-US sovereign debt as U.S. Bank completes stablecoin pilot — Stellar holds roughly $490M in tokenized non-US government debt, ahead of Ethereum; U.S. Bank moved real money between its US and European branches on the public Stellar network via its USBDC stablecoin, with freeze and clawback controls.
DTCC commercial launch near in October — DTCC ran live production trades in July using tokenized DTC-held securities with 30+ firms, and is targeting a broader October rollout covering Russell 1000 stocks, major-index ETFs and Treasuries, paving the way for securities settlement on-chain.
ECB Project Pontes confirmed for September 21 — The European Central Bank’s distributed-ledger settlement bridge links tokenized securities platforms to central-bank money settlement, with Clearstream completing end-to-end tests and legal finality landing first in the T2 real-time gross settlement system.
Bitrue lists 16 Ondo tokenized stocks — Covering NVIDIA, Apple, Tesla and others plus S&P 500 and Nasdaq-100 ETFs, layered on LSEG×Kraken’s planned tokenized UK shares, as tokenized-stock distribution keeps expanding.
Stablecoins enter the institutional settlement era — Global stablecoin market cap has surpassed $300B, Singapore’s MAS is pushing Project BLOOM to deploy tokenized money, 21 international banks committed to a joint dollar stablecoin venture (H1 2027), and Swift is testing tokenized-deposit cross-border settlement with 17 banks.
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