This is a report on the tokenization market. Next step: browse the directory or read the newsletter →

Tokenization Architect Research

State of Tokenization Q4 2026

Directory snapshot (live)

Updated 23 Oct 2026 · Records: 47 · Dataset

Listings by category

Most-listed chains

Counts describe the curated directory, not the whole market: a listing counts once per chain it publishes, and listings without chains (services, standards) are excluded from the chain table.

Research tracked

• AI in law: 2
• Tokenization & RWAs: 1

Planned sections

1. Market size, with sources. Tokenized real-world asset value from named public trackers, each figure with its source, date and definition (distributed vs represented assets), and the gap between trackers explained.
2. Tokenized treasuries and money market funds. Largest funds by reported value from issuer documents and public dashboards; changes over the quarter.
3. Tokenized stocks. Issuer-sponsored, custodial and synthetic models; new launches and regulatory steps in the quarter.
4. Stablecoins and payment rails. Supply and reserve reporting from issuers; regulatory milestones.
5. Regulation timeline. Dated decisions by regulators in the US, EU, UK, Singapore, Hong Kong, the UAE and Brazil, linked to primary sources.
6. Research highlights. What the papers tracked this quarter found, in plain English.
7. Directory changes. Listings added, status notes and corrections during the quarter.
8. Outlook. Clearly labelled projections only, kept separate from reported facts.

Method

Every reported figure will carry its source and date, and figures from different trackers will not be added together. Company claims are attributed as such. Projections are labelled and kept apart from facts. The underlying directory data is open under CC BY 4.0. This report is informational only and is not financial or legal advice.