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

How DAOs Access Real-World Assets

Some DAOs now allocate treasury funds into tokenized real-world assets like short-term government debt for diversification, but the process runs through legal wrappers and governance votes, not direct ownership.

2026-08-19 · 9 min read

Research

Evergreen vs Closed-End Tokenized Funds Compared

Evergreen tokenized funds allow ongoing subscriptions and periodic redemptions, while closed-end funds lock capital for a fixed term with no early exit — the choice trades flexibility against planning certainty.

2026-08-19 · 8 min read

Research

How Yield Curve Changes Affect Short-Duration RWA Products

Short-duration tokenized treasury and money-market RWA products are less sensitive to rate moves than long-duration bonds, but reinvestment risk still applies.

2026-08-19 · 8 min read

Research

RWA vs Traditional Private Equity Fund Mechanics

Tokenizing a private equity-style fund changes transfer and reporting mechanics, but the underlying deal risk, J-curve, and fee structure stay the same.

2026-08-18 · 8 min read

Research

What Custodial Insurance Actually Covers in RWA

Custodial insurance in RWA typically covers theft or loss caused by the custodian, not market losses, issuer default, or borrower default.

2026-08-17 · 8 min read

Research

RWA vs Hedge Fund Access: What Is Actually Different

RWA platforms lower some of the friction around hedge-fund-style access, but eligibility checks, illiquidity, and real risk of loss do not go away.

2026-08-17 · 8 min read

Research

RWA for Corporate Treasury Management

How corporate treasuries might use short-duration tokenized products for idle cash, and what accounting, liquidity, and counterparty considerations differ.

2026-08-16 · 8 min read

Research

NAV Per Token and Dilution Math Explained

NAV per token is total fund NAV divided by tokens outstanding, and new issuance priced below fair NAV dilutes existing token holders — the math behind both.

2026-08-16 · 9 min read

Research

RWA for Family Offices: What Changes at Scale

Family offices approach RWA differently from individual investors, with larger allocations, more direct deal access, and more room to negotiate terms.

2026-08-16 · 9 min read