Key Players

Mapping the Titans, Architects, and Enablers powering the tokenized economy.

The world's largest asset manager, legitimizing tokenized funds with its BUIDL offering.

A legacy asset manager pioneering on-chain government money market funds.

The digital asset arm of a global financial giant, providing institutional-grade custody and issuance.

The digital asset subsidiary of a major European bank, driving tokenization initiatives under MiCA.

The tokenization arm of the Swiss banking titan, exploring on-chain structured products and funds.

A global banking leader providing critical custody infrastructure for major tokenized funds.

A leading protocol focused on tokenizing U.S. Treasuries and other institutional-grade assets.

A foundational protocol for asset tokenization, bridging real-world collateral to DeFi.

The market leader in on-chain private credit, facilitating institutional borrowing and lending.

A decentralized marketplace for uncollateralized institutional credit and dynamic yield products.

A private credit protocol extending crypto-based loans to emerging markets.

Core issuance and compliance platform for digital securities, partnering with major institutions.

The industry-standard oracle network providing secure and reliable off-chain data to smart contracts.

Issuer of USDC and a foundational pillar of regulated stablecoin and payment infrastructure.

Dominant issuer of USDT and a major gold-backed token (XAUT).

Regulated trust company providing issuance (PAXG, USDP) and custody infrastructure.

The first federally chartered digital asset bank in the U.S., offering premier institutional custody.

A leading platform for issuing tokenized securities that track real-world stocks and ETFs.