We recently wrote an article about the potential of RWAs tokenized on blockchains. The time of ICOs is over. The narrative around the term DeFi has lost its shine and meaning. What is currently popular is regulated, sustainable tokenization of RWAs. This area could be the big driver of the next bull market in crypto. To give you a little insight, we will introduce you to 5 even lesser-known projects that are dedicated to tokenizing RWAs and currently have a small market capitalization. This is not investment advice. Everyone invests at their own risk. Buying tokens can result in a total loss. We are writing about the start-up sector here, so a particularly high failure rate is to be expected here. On the other hand, high profits are also possible.
JPMorgan Onyx CEO: We hope to move 5 to 10 billion USD a day on the blockchain within 2 years pic.twitter.com/V7roYMaPvx
1. Chintai
The crypto company Chintai , which has been working on the tokenization of RWAs on the blockchain for over 3 years, uses a private blockchain and brings the tokenized RWAs to the most common public blockchains (Ethereum, Solana, Avalanche, etc.) via network bridges. A major goal of Chintai is to go the regulated, sustainable route and thus attract institutional capital. Chintai holds 2 licenses in Singapore that allow the project to operate a regulated digital asset marketplace. According to the company, the marketplace will go live in the next few weeks. Chintai tokenizes a wide range of RWAs. From real estate to CO₂ certificates, everything will be found in their range. The company’s headquarters are in Singapore and there is an office in Frankfurt, Germany.
Financial technical data
- Market capitalization: around 12 million US dollars
- Maximum token quantity: 1 billion CHEX
- Circulating tokens: 1 billion
- No inflation, deflationary
- All-time high: 0.089 US dollars
- Current price: 0.0125 US dollars
- All-time low: 0.0046 US dollars
- Exchanges: Bitfinex , Uniswap
2. Blocksquare
Blocksquare is a project based in Ljubljana, Slovenia and with an office in Zug, Switzerland. The project primarily tokenizes real estate. A few months ago, Blocksquare carried out the first notarized tokenization of a property. Thanks to the new EU MiCA guidelines, this project can now also do further pioneering work based on the regulatory framework.
Financial technical data
- Market capitalization: around $8 million
- Maximum token quantity: 100 million BST
- Circulating tokens: 33 million
- 40% of tokens are locked for rewards
- Team will release significant amounts from February 2024
- All-time high: $0.58
- Current price: $0.242 Dollar
- all-time low: $0.0046
- Exchanges: Uniswap
3. AllianceBlock
The Netherlands-based blockchain project AllianceBlock offers a wide range of RWAs based on blockchain. With Nexera, the company operates a decentralized exchange on Arbitrum, where classic tokens are also traded. AllianceBlock boasts notable partnerships that it has worked with in the past and continues to do so.
Financial technical data
- Market capitalization: around 70 million US dollars
- Maximum token quantity: 850 million NXRA
- Circulating tokens: 785 million
- No major releases of tokens planned
- All-time high: 0.11 US dollars
- Current price: 0.09 US dollars
- All-time low: 0.042 US dollars
- Exchanges : KuCoin, Bitfinex, Coinmetro, CoinEx, Bitrue
4. PropBase
Propbase is a Hong Kong-based blockchain company specializing in real estate tokenization. The company was founded in the summer of 2022 and is built on the relatively young Aptos blockchain. According to the roadmap, tokens will be sold on July 10, 2023 as part of an IDO (Initial DEX Offering), i.e. an initial issue on a decentralized exchange. For a few days now, you have been able to buy tokens from the project on the MEXC exchange.
Financial technical data
- Market capitalization: around 24 million US dollars
- Maximum token quantity: 1.2 billion PROPS (note there is another token with this ticker that belongs to another project)
- Circulating tokens: 180 million
- More tokens will be sold in the near future
- All-time high: $0.11
- Current price: $0.02
- All-time low: $0.016
- Exchanges: MEXC
5. Propchain
Propchain is also an RWAs tokenization project that specializes in real estate. Propchain was founded in Dubai in 2021 and also has an office in Singapore. The project has an ambitious development plan, which can be viewed on the website.
Financial technical data
- Market capitalization: around 13 million US dollars
- Maximum token quantity: 90 million PROPC
- Circulating tokens: 7.125 million
- Deflationary
- All-time high: 1.89 US dollars
- Current price: 0.02 US dollars
- All-time low: 1.03 US dollars
- Exchanges: Bitget , Uniswap