Trading volumes in tokenized stocks and exchange-traded funds (ETFs) routed through 1inch’s combination with Ondo have actually passed $2.5 billion because the collaboration went reside in September 2025.
According to information released on Dune Analytics and a release shown Cointelegraph, real-world possessions (RWAs) are now the fastest-growing volume classification on 1inch. While they still represent a minority of total circulation, 1inch co-founder Sergei Kunz informed Cointelegraph that “the instructions of travel is clear,” and reveals no indications of decreasing, regardless of the more comprehensive crypto downturn.
The majority of the activity is occurring on BNB (BNB) Chain, where approximately $2 billion in associated volume has actually been produced over 1.3 million deals, with peak active users nearing 24,800 in a single duration.
Kunz stated that the mix of a low-friction user experience and huge retail circulation made BNB Chain “the natural location for RWA activity to take place,” including that it was “occurring much faster and more retail-sized than on Ethereum (ETH).”
Related: MEXC broadens tokenized stock offerings with brand-new Ondo Financing listings
He included that both retail and innovative users were trading RWAs, which the common swap size was around $1,400, which he stated revealed “genuine capital, released with intent” instead of test traffic.
The most popular tokens are presently widely known conventional financing names such as Nvidia ($ 354 million in volume), Tesla ($ 332 million), Google ($ 249 million), and Netflix ($ 98 million), plus silver amongst non-equity possessions ($ 225 million).
Tokenized RWAs defy downturn as Ethereum nears $15 billion
The turning point comes as tokenized RWAs become among the couple of constant development stories in crypto. Ethereum’s RWA overall worth locked (TVL) has actually reached almost $15 billion, up approximately 200% over the previous year.
Tokenized United States Treasuries have actually been a significant motorist of that development, with a market cap that has actually increased by over $1 billion because the start of 2026, an approximately 50x boost because 2024, as items like BlackRock’s BUIDL fund aid pull conventional set earnings onchain.
Related: Kraken’s xStocks tops $25B in volume with more than 80K onchain holders
At the exact same time, tokenized RWAs and the facilities behind them have actually continued to bring in fresh capital. RWA tokenization jobs were amongst the greatest winners in crypto endeavor financing in 2025, while onchain RWA markets climbed up approximately 13.5% over 1 month throughout a duration when the larger crypto market shed around $1 trillion in worth.
RWAs to end up being daily DeFi pipes
1inch’s Ondo combination demonstrates how aggregators are developing into circulation rails for managed RWA companies. Kunz stated 1inch stayed non-custodial and did not provide the RWAs itself, with eligibility and jurisdictional controls imposed at the provider level, while it concentrates on routing, application shows user interfaces (APIs) and disclosures.
Looking ahead, Kunz sees RWAs taking “the next leap forward” just when liquidity depth, requirements and regulative clearness align, at which point he anticipates tokenized possessions to operate as daily “monetary pipes on DeFi” rails instead of a specific niche side bet.
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