Rwa

xStocks

xStocks is a tokenized equities platform that lets you trade over 75 U.S. stocks and ETFs on-chain and on centralized exchanges. Kraken bought the platform in December 2025. Assets like $SPYx are fully backed traditional securities that you can access 24/7 without having to open a brokerage account.

Melt Finance

Melt Finance is the native spot layer on Hyperliquid, built to bring real-world assets — tokenized stocks, commodities, equities, and L1 tokens — into Hyperliquid’s ecosystem as live spot markets. Traders get 24/7 permissionless, self-custodial access to high-demand global assets on a live orderbook, with no expiration dates or funding rates.

SHIFT

SHIFT is a real-world asset protocol that issues leveraged and inverse tokenized stocks, ETFs, and ETNs as SPL tokens on Solana. The platform offers 2x and 3x long and short exposure to traditional equity markets through composable on-chain tokens, with mirror products planned for BNB Chain. Every position is 1:1 backed by real assets custodied at tier-1 banks, and reserves are verified through Chainlink Proof of Reserve.

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