Survey Reveals RWA Issuers Favor Capital Formation over Liquidity

Survey Reveals RWA Issuers Favor Capital Formation over Liquidity

In a new survey by tokenization platform Brickken in the final months of 2025, over half of RWA issuers said they use tokenization to raise capital and improve fundraising work. This result helps us see how holders of real assets work with blockchain-based tokenization as rules and markets change.

Capital Formation Over Liquidity

The survey shows that 53.8% of participants choose capital raising as their key goal when tokenizing physical assets like real estate, shares, intellectual property, and other investments. Just 15.4% name the need for cash in hand as the main driver, and 38.4% say cash is not needed right now. Nearly half (46.2%) expect cash flows from a secondary market to come within six to twelve months. This view may shift as market set-ups grow.

Jordi Esturi, Chief Marketing Officer at Brickken, said, "We see tokenization move from a trendy term to a practical tool. Issuers use it to face problems such as capital access, reaching more investors, and reducing work complexity."

Tokenization Moving Beyond Real Estate

At first, tokenization grew in real estate. Now, the survey shows its use spread wider. Real estate makes up 10.7% of tokenized or planned assets. In contrast, equity and shares count for 28.6%, and intellectual property plus entertainment comes in at 17.9%. Other fields include technology, private credit, renewable energy, banking, carbon assets, aerospace, and hospitality. This spread shows a growing trust in blockchain to handle different asset types.

Regulation Remains a Key Challenge

The survey finds that 84.6% of respondents face some rule-based obstacles with tokenization. About 53.8% say rules limit their work, while only 13% see tech or development issues as the toughest part. Many issuers work hard to follow rules from the start.

Alvaro Garrido, founding partner at Legal Node, said, "Issuers plan for compliance right from day one." This view fits a mood where custom legal setups and clear rules hold weight for token projects that want to grow.

Market Infrastructure: The Bridge Between Traditional and Decentralized Finance

Leaders in the field stress that a strong issuance structure connects traditional finance with digital finance. Patrick Hennes, head of digital asset servicing at DZ PRIVATBANK, said, "The real link between traditional finance and decentralized finance comes from a proper issuance setup that turns rule needs, investor safety, and service standards into digital code." This view shows that careful token setup builds a base for active trading later on.

Exchanges Eye 24/7 Trading of Tokenized Assets

Major U.S. stock exchanges like CME Group, the New York Stock Exchange, and Nasdaq plan to trade tokenized stocks and derivatives around the clock. CME Group will start 24/7 trading for crypto derivatives by May 29, with NYSE and Nasdaq planning similar moves.

Esturi explained, "Exchanges boost revenue by growing trade volume. Longer trading hours come as a natural step." His words point out that market methods change alongside issuer practices.

Liquidity: Optional and Evolving

The survey and expert views draw a clear picture of liquidity in tokenized markets. Many private market issuers aim to hold their tokens long-term and focus on building a sound base rather than jump into quick trading. Esturi said, "Liquidity will come, but it must increase at the same time as token volume and growing use by institutions, not before."

Ondo, a platform that has grown to over $2 billion in tokenized U.S. Treasuries, now targets tokens based on equities and ETFs. Ian de Bode, its Chief Strategy Officer, said, "You tokenize an asset either to make it easier to reach or to use it as collateral. Stocks work for both, and their prices mirror assets that people understand, unlike a building in Manhattan."

A Transition Toward a Tokenized Financial Ecosystem

This survey marks a shift in real-world asset tokenization. Issuers now focus on raising funds and following rules rather than on short-term cash flows. As token issuance grows and rules become clear, active trading in secondary markets may grow, helped by new methods like 24/7 exchange trading.

The variety of tokenized assets—from real estate and stocks to intellectual property, entertainment, and sustainable investments—shows a rise in trust in blockchain for fast, clear, and rule-bound asset management. This trend points to a future where real assets and digital finance work more closely, finding new ways for investors to access funds in a modern economy.


📝 About This Article  

This article was generated by Hivebox AI in collaboration with nGRND.

⚠️ Disclaimer  

This content is for informational purposes only and does not constitute financial or investment advice.
Please consult with a qualified financial advisor before making any decisions related to investments, markets, or assets.  

Note on Accuracy & Liability  

While we strive to provide accurate and up-to-date information, neither Hivebox AI nor nGRND guarantees completeness, reliability, or suitability.  

Use this content at your own risk. Neither party assumes liability for any losses you may incur.

Thank you for reading.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top