Tuesday, February 24, 2026 · U.S. Tokenization Intelligence
AMERICA TOKENIZATION
The Vanderbilt Terminal for U.S. Asset Tokenization
INDEPENDENT INTELLIGENCE FOR THE AMERICAN TOKENIZATION ECONOMY
US Tokenized RWA Market $36B+ +380% since 2022
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BUIDL Fund AUM $2.5B BlackRock · Largest tokenized fund
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SEC-Registered Platforms 12+ ATS + Transfer Agent licenses
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Tokenized US Treasuries $9B+ +256% YoY
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US VC into Tokenization $34B 2025 total · doubled YoY
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Broadridge DLR Daily Volume $384B +490% YoY · Dec 2025
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Securitize AUM $4B+ +841% revenue growth 2025
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Tokenized Private Credit $19B+ Figure Technologies leads at $15B
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US Tokenized RWA Market $36B+ +380% since 2022
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BUIDL Fund AUM $2.5B BlackRock · Largest tokenized fund
·
SEC-Registered Platforms 12+ ATS + Transfer Agent licenses
·
Tokenized US Treasuries $9B+ +256% YoY
·
US VC into Tokenization $34B 2025 total · doubled YoY
·
Broadridge DLR Daily Volume $384B +490% YoY · Dec 2025
·
Securitize AUM $4B+ +841% revenue growth 2025
·
Tokenized Private Credit $19B+ Figure Technologies leads at $15B
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Our Mission

America Tokenization is the definitive intelligence platform for the US tokenized real-world asset market. We serve institutional investors, asset managers, legal professionals, and policymakers navigating the structural transformation of US capital markets. The tokenization of real-world assets — from Treasury securities and private credit to commercial real estate and infrastructure — represents a fundamental shift in how capital is raised, transferred, and settled. America Tokenization exists to document that shift with the rigor and depth that institutional professionals require.

Our editorial team tracks every significant development across tokenized securities, real estate, private credit, infrastructure, and the regulatory frameworks shaping this market. We are not a news aggregator, a promotional platform, or a vendor directory. We are an independent intelligence operation producing primary-sourced analysis for readers who make consequential decisions.

What We Cover

Tokenized Securities and the ATS Ecosystem The secondary market infrastructure for tokenized securities is evolving rapidly. We track registered Alternative Trading Systems, SEC no-action letters, broker-dealer registration requirements for digital asset platforms, and the emerging liquidity landscape for tokenized instruments. Our coverage includes both equity-linked and debt-linked tokenized products operating under federal and state securities law.

Real Estate Tokenization From fractional residential mortgage instruments to publicly registered tokenized REITs, real estate tokenization is producing new capital formation structures across the risk spectrum. We track Regulation A+, Regulation D, and 1933 Act registered offerings; secondary market developments; and the legal questions surrounding tokenized ownership of real property.

Regulatory Developments The US regulatory environment for tokenized assets spans multiple federal agencies and 50 state regulators. We provide continuous coverage of SEC rulemaking and enforcement, CFTC jurisdiction over derivatives and commodity-linked tokens, OCC guidance on national bank participation in digital asset markets, FinCEN requirements for AML/KYC compliance, and state-level money transmission and digital asset licensing regimes. No other publication tracks this regulatory surface with equivalent depth.

Blockchain Infrastructure The operational layer of the tokenized asset market — custody, settlement, compliance infrastructure, and cross-chain interoperability — is as consequential as the assets themselves. We cover qualified custodian standards for digital assets, institutional-grade smart contract platforms, tokenization middleware and issuance infrastructure, and the interoperability standards being developed across public and permissioned blockchains.

Investment Intelligence We publish rigorous analysis of tokenized asset funds, including 40 Act registered products, Reg D private placements, and offshore structures with US investor access. Our investment intelligence covers fund structures, fee analysis, liquidity terms, underlying asset quality, and the risk frameworks that institutional allocators use to evaluate exposure.

Our Standards

America Tokenization applies the Vanderbilt Portfolio’s rigorous two-source standard: every data point cited must appear in at least two independent primary sources — SEC filings, regulatory releases, court documents, or audited financial statements — before publication. When a figure is available from only a single source, we say so explicitly and treat it as an estimate.

We distinguish clearly between confirmed data and market estimates. Analyst projections, unaudited AUM claims, and company-provided figures are labeled accordingly and are never presented as established fact. Our editorial methodology describes this framework in full.

Analysis published on America Tokenization represents the independent judgment of our editorial team. We hold no positions in any assets we cover. We are not registered investment advisers, and nothing on this site constitutes investment advice. Readers should review our full disclaimer before relying on any content for professional purposes.

We correct errors promptly and transparently. Material corrections are noted at the top of the affected article with the date and a description of what changed. We do not silently delete or alter published analysis.

The Vanderbilt Portfolio Network

America Tokenization is published by The Vanderbilt Portfolio AG, an independent intelligence media company registered in Switzerland. The Vanderbilt Portfolio publishes specialized intelligence platforms covering global policy, finance, and markets — each focused on a domain where the volume of primary-source material exceeds what generalist publications can meaningfully process.

Our editorial independence is absolute. The Vanderbilt Portfolio AG accepts no investment from any company we cover. We accept no sponsored content, no paid placement in editorial rankings, and no native advertising. Display advertising is managed programmatically and does not influence editorial decisions. Our business model is built on reader subscriptions, not vendor relationships.

This structure is not incidental. Intelligence that serves institutional readers must be structurally independent of the industries it covers. The Vanderbilt Portfolio’s ownership and funding model is designed to make that independence durable, not merely stated.

Who We Serve

Our primary readers are institutional professionals: portfolio managers at asset management firms evaluating tokenized fund products; attorneys at major law firms advising on digital asset transactions and securities compliance; compliance officers at banks, broker-dealers, and registered investment advisers building internal frameworks for digital asset exposure; and policy professionals at regulatory agencies, think tanks, and congressional offices tracking the evolution of US capital market infrastructure.

We write for readers who already understand the fundamentals and need authoritative, current analysis. We do not publish explainer content aimed at retail audiences. We do not simplify material to make it accessible to non-specialists. Our assumption is that you know what an ATS is, what a Form D filing discloses, and why the distinction between a security and a commodity matters — and that what you need is the specific, sourced intelligence that takes time to surface from primary documents.

Subscribe to receive our intelligence directly. Review our editorial methodology to understand how we source and verify what we publish. Consult our disclaimer for the full scope of what our analysis is and is not.

Editorial Methodology

How America Tokenization researches, verifies, and publishes intelligence on the US tokenized asset market. Our source hierarchy, data standards, and editorial independence policy.

Feb 24, 2026
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