Research
In-depth research on markets, assets, products, tokenization, RWA, and multi-asset trading structures.
292 articles
Research
Yield-Bearing Stablecoins vs RWA Fund Tokens
Yield-bearing stablecoins embed yield in the token price itself, while RWA fund tokens represent a separate share tied to fund NAV. This article compares the structural, regulatory, and risk differences.
2026-08-23 · 10 min read
Research
Event Contracts vs. Price Contracts: Two Different Ways to Express a Market View
A price contract pays according to how far a market moves; an event contract pays a fixed amount according to whether a defined outcome occurs. The two express a view in structurally different ways, with different risks.
2026-08-23 · 6 min read
Research
Royalty Tokenization: How Music and IP Royalties Get Tokenized
Royalty tokenization lets investors buy a token representing a share of future income from music or other intellectual property, with income that varies and typically declines over time.
2026-08-22 · 9 min read
Research
Trade Finance Tokenization: How It Works
Trade finance tokenization turns short-term import-export financing instruments into digital claims investors can fund, but the underlying risk is still counterparty and documentation risk, not market risk.
2026-08-22 · 10 min read
Research
Litigation Finance as an RWA Category
Litigation finance lets investors fund legal cases in exchange for a share of any settlement or award, and it is starting to appear as an uncorrelated but binary-outcome RWA category.
2026-08-21 · 8 min read
Research
Tokenized Infrastructure and Revenue-Share Tokens Explained
Revenue-share tokens give holders a claim on an infrastructure project's cash flows, not equity ownership of the project itself, and that distinction changes how the risk works.
2026-08-21 · 9 min read
Research
Tokenized Invoices and Receivables Financing Explained
Tokenized invoices let investors fund a business's unpaid invoices at a discount through a digital claim, with the main risk being non-payment or fraud by the underlying debtor.
2026-08-21 · 8 min read
Research
Spot, Perpetuals, CFDs, and Event Contracts: Know What You're Trading
Spot, perpetual futures, CFDs, and event outcome contracts answer three questions differently: what you hold, how the price forms, and what you can lose. A plain-language guide to telling them apart.
2026-08-21 · 6 min read
Research
What Are Tokenized Carbon Credits?
Tokenized carbon credits put existing carbon offsets on a blockchain for trading and retirement tracking, but tokenization does not fix the credit-quality problems that predate it.
2026-08-20 · 8 min read
Research
Insurance-Linked Securities Tokenization Explained
Insurance-linked securities let investors take on defined insurance risk, such as catastrophe risk, in exchange for yield, and tokenization mainly changes how access to that risk is structured.
2026-08-20 · 8 min read






