RWA Weekly — May 4, 2026

Ripple redeemed Ondo OUSG holdings on XRP Ledger on May 6, with USD proceeds settled to Singapore through Mastercard's Multi-Token Network and Kinexys by J.P. Morgan. The asset leg took under five seconds. The four parties called it the first cross-border tokenized Treasury fund redemption.

Abu Dhabi's FSRA approved Ondo Global Markets' tokenized U.S. stocks for trading on Binance's regulated venue — a first for the region.

Saudi proptech Jozo closed a $2.2M seed round led by Bin Saedan Real Estate. The platform offers fractional ownership of rental properties in Saudi Arabia and operates inside the Real Estate General Authority's regulatory sandbox. Still in testing

Another positive week for on-chain RWAs: distributed value rose to $30.96B (+2.82% WoW) and holders climbed to 740,857. Stablecoin value softened to $299.4B but users kept growing. Ethereum stays #1 by value, Solana leads by holders. Real estate shifted heavily toward represented value.

Cayman Finance said nine tokenised investment funds have been conditionally registered with the Cayman Islands Monetary Authority, marking an early use of the jurisdiction's new statutory framework for tokenised fund interests passed in March 2026.

Tokenizer.Estate’s new guide shows how tokenization enters Portugal, with simple steps, key rules, and real cases that issuers and investors can use today.