Solana is rapidly gaining traction in the expanding market of tokenized real-world assets (RWAs), as traditional finance increasingly converges with decentralized finance (DeFi).
Centrifuge, a leading tokenized asset platform, announced its expansion onto the Solana blockchain, launching with a $400 million tokenized U.S. Treasury fund managed by Anemoy, known as JTRSY.
This move leverages Centrifuge’s proprietary token standard, called “deRWA tokens,” which empowers holders to freely transfer and utilize tokenized instruments across various DeFi protocols.
Specifically, the new deJTRSY token can be traded, lent, or used as collateral, enabling Solana users to earn yield from short-term U.S. Treasuries directly within Solana’s DeFi ecosystem. The token is first supported on popular platforms such as decentralized exchange Raydium, lending protocol Kamino, and yield aggregator Lulo.
This rollout highlights Solana’s rising influence in the tokenized RWA sector—a rapidly growing space focused on bringing traditional financial products like bonds, funds, and credit facilities onto blockchain infrastructure. According to projections from Boston Consulting Group and Ripple, the tokenized asset market could reach nearly $19 trillion by 2033.
Further underscoring Solana’s push into this market, the Solana Foundation recently partnered with R3, a blockchain technology firm serving banks, to facilitate real-world asset integration on Solana. Meanwhile, tokenized Apollo credit assets issued by Securitize are also making their debut on Solana-based DeFi platforms.
“Tokenizing assets is only the beginning,” said Bhaji Illuminati, CEO of Centrifuge. “The real breakthrough is unlocking true on-chain utility for real-world assets—enabling their seamless use across the entire DeFi stack from day one.”
