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Quant rallies as tokenized reality catches up to the hype
Crypto Trends

Quant rallies as tokenized reality catches up to the hype

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Quant rallied in May as demand for coins in the real-world asset tokenizing industry rose. It also jumped as the supply of tokens on exchanges fell, signaling reduced selling. 

Quant (QNT) price jumped to a high of $119.67 in May, up 101% from its lowest point in April. This surge brought its market cap to over $1.2 billion.

At last check on Sunday, the token’s price hovered at around $110.35. See below.

Source: CoinGecko

Quant’s surge accelerated after the European Central Bank selected it as a pioneer partner in its digital euro project. It was one of the 70 companies on the list, and its role will be to help secure the currency. 

The ECB partnership came a few months after it partnered with Oracle, one of the biggest companies globally. Quant’s technology is key in the Oracle Blockchain Platform Digital Assets Edition or OBP DA. 

Quant’s technology is helping Oracle enable interoperability and cross-ledger orchestration. It is doing this with its Overledger solution, which is a chain-agnostic solution that enables communication across various blockchains. 

Quant, like Chainlink (LINK), will likely play a big role in the evolving real-world asset industry. Data shows there are now $23 billion in tokenized assets, up from less than $50 million in 2020. This growth will continue, with analysts estimating that assets worth trillions will be tokenized in the next few years.

This growth likely explains why investors have reduced their QNT selling pressure. Santiment data shows that there are now 1.67 million QNT in centralized exchanges, down from 1.7 million in May.

Quant price technical analysis

QNT price chart | Source: crypto.news

The daily chart shows that the QNT price has bounced back from a low of $59.24 in April to a high of $119.67 in May. As the 50-day and 200-day exponential moving averages have crossed each other, they have formed a golden cross pattern, which often leads to more gains.

Quant price has formed a cup-and-handle pattern, with the current retreat being part of the handle section. Therefore, the most likely scenario is for Quant price to bounce back and possibly hit the psychological point at $150. 



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Tokenized private credit breaks the $13 billion barrier
NFT Gaming

Tokenized private credit breaks the $13 billion barrier

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The tokenized private credit market is quietly emerging as one of the fastest-growing sectors in real-world assets (RWA), with over $13.3 billion in assets under management.

Once the domain of institutions, private credit is now moving on-chain, driven by platforms like Figure and Tradable, and attracting backing from heavyweights like Apollo, BlackRock, and Franklin Templeton.

As asset managers race to bring traditionally illiquid debt markets onto blockchain rails, tokenization is reshaping how credit is accessed, managed, and traded—offering both retail and institutional investors a new gateway into the $3 trillion private credit universe.

Figure and Tradable

Figure, a company that has received investment from Morgan Creek Capital, Apollo, and Ribbit Capital, has over $12 billion in assets. It also runs a marketplace for Home Equity Line of Credit (HELOC) and helps clients borrow against their homes. 

Tradable is the second-biggest player in the tokenized private credit industry. It boasts over $1.8 billion in on-chain assets. Backed by Parafi, Matter Labs, and Victory Park Capital, Tradable helps asset managers to tokenize their assets. 

Tradable also helps individuals to participate in the private credit industry that has long been reserved to institutions. Other top players in the tokenized private credit industry are Maple (SYRUP), Pact, Mercado Bitcoin, and Centrifuge (CFG).

Tokenizaed Private credit assets | Source: RWA

Large companies in the private equity industry are getting interested in the tokenized private credit sector. Apollo Global, which has over $641 billion in private credit assets, has already launched the Apollo Diversified Credit Securitize Fund or ACRED in January. 

Similarly, companies like VanEck, Franklin Templeton, and BlackRock have all launched tokenized assets. BlackRock’s BUIDL has crossed over $3 billion in assets, while Franklin Templeton’s FOBXX fund has over $706 million in assets.

Private credit industry is growing

The private credit industry is one of the fastest-growing areas in finance. A report by the Alternative Investment Management Association estimated that the market crossed the $3 trillion asset, a figure that is continuing to grow.

The sector has grown mostly in the United States where many companies have turned to private credit specialists for financing. These firms are seeking to diversify their borrowing away from banks. 

Subsequently, some of the biggest banks have launched their private credit funds. Goldman Sachs created the Capital Solutions Group, a business that will provide direct lending solutions. Most recently, State Street partnered with Apolo to launch a new private credit solution.

Tokenized private credit is one of the fastest-growing areas in the RWA industry, which collectively holds $23.10 billion in assets. Over 113,350 investors hold RWA assets.

The other top fields in the RWA industry are stablecoins, US Treasuries, commodities, and institutional funds. Tokenized stocks could be the next big thing after Kraken tokenized over 50 stocks in May. 



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Ripple Builds Tokenized Asset Infrastructure for Future Generations
NFT Gaming

Ripple Builds Tokenized Asset Infrastructure for Future Generations

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  • Ripple’s Metaco pushes into TradFi
  • Ripple v. SEC: New developments

The World Economic Forum (WEF) has mentioned Ripple and XRP as leaders of financial markets tokenization.

A recent report by WEF, “Asset Tokenization in Financial Markets: The Next Generation of Value Exchange,” identifies key trends and players shaping the future of digital finance, spotlighting Ripple and XRP Ledger (XRPL) as instrumental in tokenizing private equity (PE) assets.

The report outlines how the tokenization of real-world assets, including PE, is set to reshape financial markets by improving efficiency, transparency and accessibility.

Among notable developments, the report cites the $1 billion tokenized PE and debt fund launched by Aurum Equity Partners on XRP Ledger. This pioneering move demonstrates XRPL’s utility as a scalable, decentralized Layer-1 blockchain, providing enhanced liquidity and fractional ownership options through secondary markets.

WEF also acknowledges Ripple’s acquisition of Metaco, a key digital asset custody provider, as part of a broader trend where digital-native service providers like BitGo and Metaco are positioned to offer specialized custodial and compliance solutions.

These services will be vital to helping financial institutions manage tokenized assets securely and within regulatory frameworks.

As private equity is projected to grow to $7 trillion by 2030, with 10% expected to be tokenized, the report emphasizes that tokenization could address longstanding inefficiencies in PE markets, such as lack of transparency and high barriers to entry.

Through blockchain platforms like XRPL, investment minimums have already dropped from over $100,000 to as low as $10,000, enabling broader investor participation.

Ripple’s Metaco pushes into TradFi

Switzerland-based Metaco has recently aligned itself with a new initiative in the crypto trading space — one that aims squarely at major banks and institutional players.

Metaco commented on a Bloomberg report detailing the launch of Rulematch, a fresh digital asset trading venue tailored specifically for banks and financial institutions located outside the United States.

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Spearheaded by former Credit Suisse executive David Riegelnig, Rulematch has raised $14 million in funding. Backers include well-known industry figures such as Joseph Lubin, co-founder of Ethereum and head of ConsenSys.

This move aligns with Metaco’s broader push to deepen its integration into institutional finance. In recent months, the Ripple-owned firm has formed multiple partnerships with large banks, enhancing its appeal as a secure gateway to digital assets for TradFi clients.

Ripple v. SEC: New developments

However, while Ripple makes strides in expanding its utility and reach through ventures like Metaco, its legal entanglement with the U.S. Securities and Exchange Commission remains unresolved.

In a new development this week, Judge Analisa Torres of the U.S. District Court for the Southern District of New York rejected a joint motion filed by Ripple and the SEC. The motion had sought an indicative ruling on a proposed settlement in their long-running case.

The parties had requested clarity on whether the judge would approve the settlement if the U.S. Court of Appeals for the Second Circuit were to remand the case.

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The proposed deal involved the SEC lifting a previously imposed injunction and agreeing to a reduced penalty for Ripple, cutting the fine down to $50 million. While the SEC’s willingness to negotiate represents a significant shift, the court’s refusal to weigh in at this stage throws the process into further uncertainty.

As Ripple’s legal battles continue to unfold, its strategic moves through Metaco show the company remains focused on shaping the future of institutional crypto infrastructure, regardless of its regulatory headwinds in the U.S.



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Krisztian Sandor
NFT Gaming

Centrifuge Expands Tokenized Assets to Solana Starting With $400M Treasury Fund

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Tokenized asset platform Centrifuge said it’s expanding services on the Solana blockchain, starting with the $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY).

The expansion builds on Centrifuge’s token standard — dubbed “deRWA tokens” — that allows token holders to freely transfer and use tokenized instruments across decentralized finance (DeFi) protocols.

In this case, the deJTRSY token can be swapped, lent, or used as collateral in, enables Solana users to earn yield from short-term Treasuries natively in Solana DeFi platforms, first on decentralized exchange Raydium, lending platform Kamino, and yield aggregator Lulo.

The rollout underlines Solana’s growing momentum in the tokenized RWA space, a red-hot sector that aims to brings traditional financial instruments like bonds, funds and credit onto blockchain rails. It’s a huge opportunity: Boston Consulting Group and Ripple projected that the tokenized asset market could reach $18.9 trillion by 2033.

This week, Solana Foundation partnered with bank-focused blockchain tech firm R3 to bring real-world assets to Solana, while Securitize-issued tokenized fund of Apollo credit assets is also being introduced to Solana-based DeFi protocols.

“Tokenizing assets is just the starting point,” said Bhaji Illuminati, CEO of Centrifuge. “What truly matters is giving real-world assets utility onchain: making them usable across the DeFi stack from day one.”

Read more: Major TradFi Institutions to Pursue Tokenization Efforts on Solana



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Crypto Trends

Kraken to Offer Tokenized Stock Trading on Solana to Overseas Customers

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In brief

  • Kraken will offer so-called xStocks to overseas customers on Solana.
  • The initiative is being facilitated through a partnership with tokenization firm Backed.
  • The product is aimed at offering investors better access to U.S.-listed stocks globally.

Kraken will soon offer overseas customers the ability to trade U.S.-listed stocks through the crypto exchange’s platform, the company said in a press release on Thursday.

The offering, which covers more than 50 U.S.-listed stocks and exchange-traded funds, will be facilitated through a partnership with Backed, a firm specializing in tokenized securities, using the Solana blockchain to offer so-called xStocks, the company said.

Tokenization refers to the process of taking real-world assets, whether stocks or bonds, and representing them on-chain using digital assets. Kraken said that stocks will be represented on Solana using SPL tokens, a token standard mirroring ERC-20 tokens on Ethereum. xStocks, which will be issued on a public blockchain, are expected to trade around the clock.



According to Kraken, the exchange and Backed chose Solana as the first chain for xStocks because of its “unmatched performance, low latency and thriving global ecosystem.” However, the company said it will explore tokenized securities on other networks as well.

“We’re reimagining equities investing and ushering in a new wave of demand from clients seeking better alternatives to the status quo,” Mark Greenberg, Kraken’s global head of consumer, said. “Access to traditional U.S. equities remains slow, costly, and restricted.”

In April, Kraken began offering U.S.-listed stocks and ETFs to U.S.-based customers. The company says it is eyeing similar expansion in the UK, Europe, and Australia. The push comes as the exchange reportedly prepares for an initial public offering this year.

Among traditional financial institutions, tokenization has several backers. In 2022, BlackRock CEO Larry Fink hailed the concept as the future of markets, saying that blockchain-based plumbing could yield near-instantaneous settlement and reduced fees.

In the U.S., firms like Securitize have emerged as leaders in the tokenization space. The company manages BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) fund, which has a market capitalization of around $2.8 billion, according to analytics firm rwa.xyz.

Collapsed crypto exchange FTX waded into the tokenization space in 2020, when it began offering tokenized stocks for marijuana firms. Binance had dabbled in tokenized securities as well, including offering a version of Coinbase’s stock, at one point.

Tokenized stocks have a relatively nascent footprint compared to stablecoins or products like BUIDL. According to rwa.xyz, around $373 million worth of tokenized requites exist on-chain, namely Exodus Movement’s stock, which is issued by Securitize on the Algorand blockchain.

Edited by James Rubin

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