Tokenization Intelligence
Evidence-led monitoring of digital-asset infrastructure, token issuance and real-world-asset protocols. Every metric has an explicit source and limitations; platform activity is not investment profit.
Blockchain market observations
Research feed activeLast collected: 2026-11-05T02:41:18+00:00
XRP Ledger
108,122,637validated ledger sequence
A network ledger counter, not a dollar investment or token issuance count.
View source ↗USD Stablecoins
295,276,987,356.56USD circulating as provider-reported
USD-pegged stablecoin supply context, not verified tokenized securities value.
View source ↗XRPL DeFi
39,296,120.32USD TVL as provider-reported
Protocol liquidity context, not asset-backed investment flows.
View source ↗RWA-category protocol directory
119 protocols with usable TVL dataSorted by reported protocol TVL. RWA is the provider's category—not independently verified collateral, legal ownership or securities issuance. Results may include stablecoins and other DeFi instruments.
| Protocol | Reported TVL (USD) | Network |
|---|---|---|
| Re ↗ | 480,710,200.23 | Ethereum, Base |
| Ethena USDtb ↗ | 417,110,501.75 | Ethereum |
| Huma ↗ | 340,677,999.28 | Solana, Ethereum |
| OnRe ↗ | 307,628,734.82 | Solana |
| OpenTrade ↗ | 245,592,583.32 | Avalanche, Ethereum |
| Plume Vaults ↗ | 218,632,850.27 | Ethereum, Plume Mainnet |
| R25 ↗ | 196,647,745.23 | Pharos, Sui |
| USD AI ↗ | 158,023,978.38 | Arbitrum |
| RealT Tokens ↗ | 155,075,226.54 | xDai |
| Theo Network thUSD ↗ | 138,582,477.15 | Ethereum |
| Valos ↗ | 106,191,056.14 | Monad |
| Anemoy Capital ↗ | 102,277,095.76 | Ethereum, Base |
XRP Ledger issuance discovery
6
MPToken issuance events seen in our bounded local ledger samples. This is not a complete blockchain index.
Most recent sample: 6 of 6 validated ledgers checked.
Verified asset-backing registry
0
No issuer or token is shown as legally verified merely because metadata, a protocol category or a blockchain record exists.
Research asset records: 0
Research capabilities under development
Token Issuance & Asset Registry
Research-backed issuer and token lifecycle observations
implemented research prototypeBlockchain Market Context
Transparent, timestamped network/DeFi/stablecoin datasets
implemented research prototypeTokenization Evidence Review
Claim, custody and redemption documentation checklist
implemented research prototypeToken Issuance & Custody Reconciliation
Reconcile reported supply, backing and associated source documentation
implemented research prototypeThis is a research prototype, not a brokerage, custodian, issuer, investment adviser, or established commercial subscription service.
Original Drysdale Enterprises research. Third-party data are attributed. Figures are observational and may change. No guaranteed investment returns, token price projections or verified client revenue are implied.
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