Key Takeaways:
- Enso launched an RWA app offering access to more than 500 tokenized assets.
- The platform integrates with xStocks, Ondo Finance and Anchorage Digital Porto.
- Tokenized asset holders rose 13.4% to 930,612 in the past 30 days.
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Enso launches RWA app with 500+ tokenized assets as European demand grows
Swiss Web3 development platform Enso launched a real-world asset application offering access to more than 500 tokenized assets, including US stocks, Treasuries and commodities.
"Demand is concentrated in two areas — access to US markets that can trade around the clock, which traditional markets do not offer, and yield-bearing dollar-denominated assets," Connor Howe, co-founder and chief executive officer of Enso, said.
The platform integrates with xStocks, Ondo Finance and Anchorage Digital Porto to support trading in tokenized stocks, exchange-traded funds, US Treasuries, commodities and stablecoins. Supported equities include Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla and SpaceX. The number of tokenized asset holders climbed 13.4% over the past 30 days to 930,612, according to RWA.xyz, though the total value of tokenized assets slipped 0.9% during the same period.
US Treasuries make up the largest share of on-chain tokenized assets at about $15 billion, followed by tokenized commodities at $4.6 billion and tokenized stocks at roughly $1.6 billion. Demand for on-chain access to US stocks and dollar-based yield is rising, particularly among European investors, as Enso's launch joins a broader push by European crypto firms into tokenized traditional assets.
Enso aims to unify tokenized assets scattered across multiple venues into a single execution layer to improve accessibility and the trading experience, the company said. The launch comes as the RWA sector continues to attract capital, with asset-backed credit products totaling $2.2 billion in on-chain value.
The platform's ability to offer round-the-clock trading in US equities addresses a structural gap in traditional markets, where stock exchanges operate on fixed schedules. European investors, in particular, have shown growing appetite for dollar-denominated yield-generating assets and US equity exposure that can be traded outside standard market hours.
This article is for informational purposes only and does not constitute investment advice.
