Asset-Backed Tokens List

Supply USDC to Aave, DeFi's largest lending market, and earn a variable rate from borrowers — overcollateralized, withdraw any time. Rate floats with demand; smart-contract risk applies.

1:1 backed token tracking Alphabet (Google) stock on-chain, dividends accumulating.

1:1 backed token tracking Amazon stock on-chain. Amazon pays no dividend — pure price return.

Tokenized feeder (via Securitize) into Apollo's diversified private-credit fund — institutional-grade alternative credit on-chain, usable as DeFi collateral. Restricted to qualified investors.

1:1 backed token giving on-chain price exposure to Apple stock; dividends auto-reinvested.

ERC-20 certificate 1:1 backed by the iShares $ Treasury Bond 0-1yr UCITS ETF; yield accrues into the token price.

Token tracking the iShares Core S&P 500 accumulating ETF, issued by Backed with a MiFID II prospectus — one of the few tokenized ETFs explicitly structured for European distribution.

Tokenized institutional money-market fund (cash, US T-bills, repos), managed by BlackRock and issued via Securitize.

Hamburg platform issuing tokenized real-estate bonds under German law, giving retail exposure to German commercial property. Now part of Quirin/quirion. Verify the current live offering.

Austrian app letting retail invest from €100 in residential and commercial property via tokenized profit-participation rights, paying monthly rental distributions. DACH-focused.

RWA credit vaults from Centrifuge — the infrastructure behind tokenized funds like JAAA and JTRSY. Stablecoin vaults (USDC/USDS/AUSD) allocate into institutional real-world credit; over $1.5B combined.

Circle's tokenized money-market fund (ex-Hashnote): short-term US Treasuries and overnight reverse repos; the largest tokenized treasury product on-chain. Permissioned share of a Cayman fund — institutional distribution, with USDC redemption rails.

Marketplace for institutional credit pools: lend stablecoins to named institutional borrowers, rates set by supply/demand per pool. Uncollateralized or thinly collateralized — real default risk, priced in the yield.

1:1 backed token representing Coinbase Global stock, withdrawable to any compatible on-chain wallet. Volatile, crypto-correlated.

Hold USDC on Coinbase and receive rewards — the simplest on-ramp yield, no DeFi interaction. Custodial: you trust Coinbase; rate set by Coinbase and can change.

ETH staking via Coinbase, wrapped as a transferable token. Custodial staking backend from a listed US company — the 'CeFi-flavoured' LST. Yield in ETH; principal carries ETH price risk.

Savings vault for Curve's crvUSD stablecoin: earns a share of the protocol's interest revenue. DeFi-native and transparent; depends on crvUSD peg and Curve protocol health.

150+ tokenized US stocks (SPY, AAPL, NVDA…), 1:1 backed; dividends paid out as stablecoins. EU distribution via Gemini (Malta MFSA).

Staked synthetic dollar (USDe). Yield comes from a delta-neutral basis trade — NOT treasury-backed, and highly variable.

Hamburg-based platform for tokenized real assets (real estate and more) with value appreciation + rental distributions. German-native, in the BaFin sphere.

Staked version of Falcon's overcollateralized synthetic dollar ($1.2B+ supply): yield from diversified trading/basis strategies. Newer protocol, strategy risk is real — the yield prices it.

The first SEC-registered yield-bearing stablecoin (public security, from Figure): pays a SOFR-linked interest rate daily, transferable like a token, backed by the same assets as prime money-market funds.

First US-registered fund whose shares are recorded on a public blockchain; a government money-market fund at a stable $1.00 NAV.

1:1 backed token tracking the SPDR Gold Shares (GLD) ETF — regulated on-chain exposure to physical-gold-backed ETF performance.

On-chain exposure to multi-billion-dollar institutional private-credit funds (Ares, Apollo, Golub, KKR) through a single pool.

Tokenized access (via Securitize) to Hamilton Lane's Senior Credit Opportunities Fund — senior private credit from a $900B+ AUM alternatives manager. Qualified investors only.

On-chain tokenization of Janus Henderson's AAA-rated floating-rate CLO strategy; retail-accessible via the transferable deJAAA token.

Regulated, fully on-chain BVI fund holding only short-term US T-bills, tokenized via Centrifuge.

Solana liquid staking with MEV rewards on top of base staking yield — the highest 'blue-chip' staking yield. Paid in SOL: principal carries full SOL price risk (more volatile than ETH).

USDC lending market on Jupiter, Solana's largest DEX aggregator (built on Fluid architecture). Variable rate from borrower demand.

Deposit USDD in JustLend, Tron's largest lending market (~$450M pool). Honest caveat: the Tron ecosystem is centralized around a single founder and USDD's backing has been criticized — the extra yield prices real counterparty risk.

Each KAG is backed by 1 troy ounce of allocated silver and pays a small monthly transaction-fee yield.

Yield stablecoin that routes its USDC/USDT reserves through blue-chip lending protocols (Aave, Morpho) and passes the interest to stakers. Stacked protocol layers = stacked smart-contract risk.

Tokenized US rental properties on Algorand; daily rental payouts in USDC and a built-in peer-to-peer secondary market.

Veteran Solana liquid staking spread across many validators. Yield in SOL — principal carries SOL price risk.

Gold token backed by LBMA-accredited physical gold from Matrixdock (Matrixport group); grew ~11x in 2026 into the top-5 gold tokens. Multi-chain (Ethereum, BNB Chain, Sui).

1:1 backed token tracking Meta Platforms stock on-chain, dividends accumulating.

1:1 backed token tracking Microsoft stock on-chain, with dividends accumulating into the token price.

Tokenized US T-bill exposure from European issuer Midas — FMA (Liechtenstein) compliant and passportable in the EU, open to retail with no minimum investment. DeFi-composable.

Curated lending vaults on Morpho: professional curators allocate your USDC across lending markets (including RWA collateral like Apollo's ACRED). Rates vary per vault; curator + smart-contract risk.

Regulated (Bermuda Monetary Authority) yield-bearing stablecoin: rebases daily, backed by short-term US Treasuries. The 'compliance-first' counterpart to DeFi-native yield stablecoins.

1:1 backed token giving on-chain price exposure to NVIDIA stock; dividends auto-reinvested. The most-traded xStock.

CeFi interest account: lend your stablecoins to Nexo, earn tiered rates (higher with lockups/loyalty). Honest caveat: unsecured counterparty risk to the platform — the category that produced Celsius/BlockFi failures. Rates that look too good usually price that risk.

T-bill-backed yield stablecoin native to the Cosmos ecosystem (built on M^0 infrastructure) — composable yield for IBC chains.

260+ tokenized US stocks and ETFs, 1:1 backed; total-return (dividends reinvested). EU prospectus via the Liechtenstein FMA.

Tokenized exposure to short-term US Treasuries via institutional money-market funds, with instant 24/7 mint and redeem.

Tokenized vault backed 1:1 by short-dated US T-bills plus a cash buffer, from Singapore-based OpenEden. One of the earlier regulated T-bill vaults, open to non-US investors after KYC.

Yield-bearing stablecoin from Paxos International (regulated in the UAE/ADGM): daily yield from short-term US government securities, distributed by rebasing. Aimed at emerging markets, first launched in Argentina.

Spanish, CNMV-regulated tokenization of real estate projects; invest in euros, distributions paid in stablecoins. EU-native.

Delta-neutral yield stablecoin (same family as Ethena): backed by ETH hedged with perpetual futures, yield from funding rates. Higher, more volatile yield — strategy risk is real.

2,000+ US stocks and ETFs as tokens for EU retail customers, from EUR 1 minimum, in the Robinhood EU app (now also on Robinhood Chain). Honest caveat: legally these are debt securities tracking the stock — no shareholder rights.

Decentralized ETH liquid staking: rETH appreciates against ETH as rewards accrue, backed by a permissionless node-operator network. Yield in ETH — principal carries ETH price risk.

Legacy Maker/Sky savings wrapper earning the DAI Savings Rate; largely superseded by sUSDS but still widely used.

Savings vaults from Spark (Sky ecosystem): deposit USDC, USDS or USDT and earn the Sky-linked savings rate. Over $1B across chains — one of the largest DeFi savings products.

French AMF-regulated money-market fund holding short-term US Treasury bills (USD); EU retail-accessible.

ERC-4626 savings wrapper for Frax's RWA-backed frxUSD; accrues a dynamic benchmark yield with no lockup.

1:1 backed token tracking Strategy (MicroStrategy) — a leveraged-Bitcoin-proxy equity — on-chain. Highly volatile.

Tokenized short-duration US government securities fund holding T-bills directly (low fee drag); management is being taken over by Invesco while keeping the USTB ticker and contracts. Restricted to qualified purchasers.

Berlin-based, BaFin-regulated provider: tokenized stocks (AAPL, TSLA) and US Treasury bond ETFs; true self-custody. German-native.

1:1 backed token tracking Tesla stock on-chain, fully collateralized by shares with a regulated custodian.

Token backed by one fine troy ounce of physical gold in a Swiss vault, with quarterly attestations.

Token backed by physical uranium (U3O8) held with a licensed custodian — the first retail-accessible route to holding uranium directly. Pure commodity price exposure, no yield; a niche, volatile market.

Staked version of Usual's T-bill-backed USD0 stablecoin: yield plus USUAL token rewards, with a bond-like lockup mechanic (early exit at a discount). More complex than plain yield stablecoins.

Gold token backed by physical LBMA-standard gold, issued under Liechtenstein's token framework (TVTG) — the EU-regulated alternative to PAXG/XAUT. 1 token = 1 gram of gold.

A US 1940-Act government money-market fund with tokenized share records, from ETF giant WisdomTree — same structure as Franklin's BENJI, distributed via the WisdomTree Prime / Connect apps.

Liquid restaking: ETH staking yield plus restaking rewards (EigenLayer ecosystem). More yield sources, more protocol layers — more smart-contract risk than plain staking. Yield in ETH.

Yield dollar backed by loans against AI/GPU hardware collateral — private credit for compute infrastructure. High yield, young protocol, novel collateral: treat as speculative.