The Tokenization Stack
How capital flows through tokenization. From institutional allocators to productive yield.
Tag: #institutional-rwa
2 matching players
Chains
1Where tokenized assets settle
Every major tokenized money market fund settled on Ethereum. Solana is growing fast. Twenty-two other chains are competing for what's left, and the ones without real liquidity or issuer commitments will have a hard time staying relevant.
Yield
1Where tokenized assets become productive
Morpho, Aave, Spark, Pendle. This is where tokenized assets stop sitting in a wallet and start earning. A lot of the DeFi primitives needed to make this work at scale haven't been built yet. The yield layer is the reason institutions care about any of this.
Juan Esquivel / October 2026·For educational purposes only.·OverviewCompareStandardsThreadsRegulationTalksAboutPrivacyContactSubmit a fix
Tokenization Map