Real-World Assets & On-Chain Commodities

Matrixdock's XAUm tokenized gold is now accepted as collateral in Venus Protocol's new Fixed-Term Vault on BNB Chain. It is the first real-world asset to gain this utility on the platform. The integration expands DeFi use cases for commodity-backed tokens beyond simple holding. Read →

Dinari launched dShares tokenized equities on Hyperliquid, starting with SpaceX spot trading on HyperCore ahead of its IPO. The integration brings 24/7 on-chain equity markets to Hyperliquid's large perpetuals ecosystem. It expands the platform's tokenized RWA offerings beyond commodities. Read →

UAE's ASK Group and Keeta, backed by Eric Schmidt, launched a joint venture to tokenize physical Gulf commodities including oil, gold, silver and copper onto a public blockchain exchange by 2027. Tokens will be 1:1 backed by audited physical reserves with on-chain proof and sub-second settlement, targeting global retail and institutional investors. The move expands direct fractional ownership of key commodities beyond traditional futures or ETFs. Read →

DBS Bank will offer DBS Physical Gold Tokens to retail customers in Singapore starting H2 2026 through its digibank app, with each token backed by one gram of physical gold in a Singapore vault. The product may also list on DBS Digital Exchange for accredited investors. This marks Singapore's first major retail tokenized physical gold offering, broadening access beyond wealth clients. Read →

Tether partnered with Fasset to launch a Visa card allowing users to spend fiat while earning up to 6% cashback in XAUT, Tether's gold-backed token. The card operates on the Visa network with rewards seeded by up to $1 million in XAUT, targeting emerging markets where Fasset sees high volume. It adds real-world utility and spending layer to tokenized gold holdings. Read →

XAUE launched its Gold Gift Card, the first enterprise-grade application on its platform powered by Tether Gold (XAU₮) and yield-bearing XAUE layer. The product enables conversion of tokenized gold into yield-earning holdings for corporate gifts, client rewards, and daily use, with physical redemption planned for Hong Kong and Singapore in July. It broadens tokenized gold beyond holding into programmable treasury and gifting applications. Read →

OKX expanded its X-Perps offering in Europe to include gold and oil futures alongside Magnificent 7 stocks. The move delivers tokenized commodity perpetual futures to EU retail traders on a regulated platform, intensifying competition in on-chain commodity derivatives. It follows Hyperliquid's success in 24/7 oil perps and signals broader institutional adoption of perpetual commodity contracts. Read →

Intercontinental Exchange CEO Jeffery Sprecher said the firm is discussing perpetual futures with regulators, citing Hyperliquid's 24/7 oil contract success. Hyperliquid's oil perps saw volumes surge to over $550 million notional during weekend closures, pricing in 80% of WTI moves before traditional exchanges opened. The comments highlight pressure on incumbents to match crypto-native commodity perpetuals. Read →

The CFTC released a policy statement on May 29 outlining case-by-case review under Regulation 40.3 for perpetual contracts referencing assets beyond bitcoin. This follows approval of Kalshi's BTCPERP as a futures contract and provides a framework for other perps, including potential commodity-linked ones. It opens a regulated onshore path for 24/7 perpetual futures on tokenized commodities, reducing prior offshore reliance for platforms like Hyperliquid. Read →

JPMorgan, Citi, Bank of America and other large banks plan a shared tokenized deposit network via the Clearing House, targeting launch in first half of 2027. The blockchain-based system enables 24/7 instant settlements and programmable payments, aiming to retain deposits against stablecoin competition. It expands institutional tokenization infrastructure that could support broader RWA and commodity token flows. Read →

Bank of Taiwan hosted a Precious Metals RWA Tokenization Forum where Chairman Chung-yuan Ling announced exploration of gold tokenization on blockchain. The state-owned bank, with significant precious metals operations, views tokenization as a way to enhance liquidity and reduce storage costs for gold and other assets. This adds institutional momentum to tokenized commodities amid growing RWA adoption in Asia. Read →

Datavault AI signed a Mutual Services Agreement with Perpetuals.com to list its tokenized commodity programs on the Perpetuals platform and EU-licensed PM MTF venue. The deal initially covers the MTB Copper project and expands to gold, geothermal energy, U.S. critical minerals and European iron-nickel resources, targeting over $328 million in issuance. It enables continuous regulated trading of physical commodity-backed tokens for the first time. Read →

Bybit announced its IPO Express platform allowing retail investors to subscribe to tokenized initial public offerings at the offering price, beginning with SpaceX. Registration runs June 7-11 with allocations finalized shortly after and spot trading on June 12. The move expands crypto exchanges into tokenized traditional assets amid broader RWA growth. Read →

Perpetuals.com reported $4.5 billion in UpsideOnly platform volume from over 30,000 users and announced its agreement with Datavault AI to list tokenized commodity assets. Programs target gold, copper and other minerals for trading on the regulated PM MTF facility. The pact is expected to generate fees while opening physical commodities to round-the-clock global access. Read →

GCEX Group added tokenized West Texas Intermediate (WTI) crude oil (WTI/USD) for institutional and professional clients. The instrument offers on-chain price exposure without physical delivery, exchange membership, or futures rolls. It follows the firm's March launch of tokenized gold (PAXG and XAUT) and responds to client demand plus recent crude volatility. Read →

Paxos Securities Settlement Company, LLC received SEC registration as a clearing agency under the Securities Exchange Act. It is the first and only blockchain-native firm approved for such services. The move bolsters institutional infrastructure for PAXG tokenized gold and broader tokenized assets. Read →

TD Securities noted Hyperliquid oil perpetual futures volume surged from $25M to over $550M on a weekend during geopolitical events when CME/ICE markets were closed. The platform captured about 80% of the subsequent WTI price move in advance. This highlights 24/7 on-chain commodity perps' role in price discovery beyond traditional hours. Read →