RWA track is accelerating into the mainstream vision

As traditional financial giants are bringing in capital, coupled with increasingly clear policy supervision, the RWA track is accelerating into the mainstream vision.

As traditional financial giants are bringing in capital, coupled with increasingly clear policy supervision, the RWA track is accelerating into the mainstream vision. Once a small circle of exploration, asset chaining is now becoming a bridgehead for compliance innovation. Recently, a new wave of "compliance + imagination" has quietly set off on the chain, and many projects with the RWA label have attracted market attention.

In this article, PANews takes stock of the seven new on-chain forces that have been active recently under the RWA narrative, covering Base, BNB Chain and Solana ecosystems. Most projects are evolving in multiple dimensions such as application implementation, compliance practices and ecological linkage, taking into account both narrative imagination and practical implementation.

1. Keeta (KTA): The first Layer1 network that can truly support compliant financial transactions on a global scale

Keeta (KTA) is a Layer1 network aiming to connect the global financial system, with built-in KYC real-name authentication, digital identity, on-chain foreign exchange (FX) mechanism and flexible rule engine, making it the first blockchain network that can truly support compliant financial transactions on a global scale, according to the official statement.

Previously, former Google CEO Eric Schmidt's investment firm, Innovation Endeavors, led a $17 million investment in Keeta, and the investment was valued at $75 million at the time.

According to GMGN data, as of May 26, KTA's market value has recently exceeded US$910 million, and the number of coin holding addresses has exceeded 73,000.

Related Reading: With an 8-fold Increase in a Single Month, Supported by Google’s Halo and the Boast of 10 Million TPS, Is the New L1 Keeta a Potential Stock or Just a Hype Concept?

2. BUILDon (B): The main trading medium of USD1 backed by the Trump family, and its integration with mainstream exchanges and institutions is progressing smoothly

BUILDon (B) is a popular MEME coin deployed on BNB Chain and the main trading medium of USD1, a US dollar stablecoin backed by the Trump family.

According to the latest data from DeFiLlama and CoinMarketCap, as of May 26, 98.88% of USD1 issuance was concentrated in BNB Chain. In the past 24 hours, among all $B-related trading pairs, the transaction volume of the B/USD1 trading pair exceeded US$190 million, accounting for 69.06%, which shows the core position of $B in the USD1 ecosystem.

In addition, $B has received support from the mainstream exchange Binance and has been listed on Binance's Alpha platform and contract trading section. At the same time, Binance also announced that users will enjoy zero handling fees when withdrawing USD1 through BNB Chain, which will further stimulate the trading activity of USD1 ecological projects including $B.

It is worth mentioning that WLFI, a crypto project under the Trump family, has recently officially purchased $B, which is the first time the institution has entered into MEME coin investment.

In terms of policy, the US GENIUS Stablecoin Act has recently passed the Senate vote, and now only needs the final approval of the House of Representatives and President Trump. Once the legislation is passed, it will lay a compliance foundation for the stablecoin market and have far-reaching impacts.

According to a report by Citibank cited by The Block, Citi predicts that the market value of stablecoins will reach 1.6 trillion US dollars by 2030 under the baseline scenario and 3.7 trillion US dollars under the optimistic scenario. If the regulatory framework is in place, the issuer of stablecoins may become one of the largest holders of US debt.

For emerging US dollar stablecoins such as USD1, compliance support and ecological integration will release greater potential, or make its main trading medium $B more imaginable.

3. ALLO (RWA): RWA exchange with support from institutions such as NGC Ventures and Morningstar Ventures, and has pledged $50 million in Bitcoin to launch a $100 million lending pool

ALLO aims to build the world's first tokenized securities exchange, providing 7×24 hour trading, ultra-low fees and instant settlement. It has received support from institutions such as NGC Ventures, Morningstar Ventures and Gate.

According to official disclosures, Allo has achieved $2.2 billion in RWA tokenization, pledged $50 million in Bitcoin, and launched a $100 million lending pool. Last year, ALLO was selected for the BNB Chain MVB8 acceleration program, and the token $RWA was recently launched on Binance Alpha.

According to GMGN data, as of May 26, the market value of $RWA has recently exceeded US$200 million,