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
·
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
·

ERC-3643

Digital Identity Standards for Tokenization

Digital identity standards — from W3C Verifiable Credentials to ONCHAINID and Circle's Verite — provide the KYC infrastructure that makes programmable compliance possible in tokenized asset markets.

Feb 1, 2026

ERC-3643 — The Institutional Security Token Standard

ERC-3643 (formerly the T-REX protocol) is the most widely adopted Ethereum token standard for tokenized securities, embedding investor identity verification, transfer restrictions, and regulatory compliance directly into the token's smart contract logic.

Feb 1, 2026

Ethereum (for Tokenization)

Ethereum is the dominant blockchain for institutional tokenized assets, hosting BlackRock's BUIDL, Ondo Finance's OUSG, and most major ERC-3643 security tokens — with $25B+ in RWA locked on-chain, Ethereum's smart contract platform provides the deepest DeFi liquidity for tokenized assets.

Feb 1, 2026

Programmable Compliance

Programmable compliance embeds regulatory requirements directly into a token's smart contract code, automatically enforcing investor eligibility, transfer restrictions, investor count limits, and jurisdictional rules without human intervention.

Feb 1, 2026

Security Token

A security token is a blockchain-based digital representation of a traditional financial security — equity, debt, real estate, or fund interest — that must comply with US securities laws including registration or exemption requirements.

Feb 1, 2026
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