Real-world asset (RWA) protocols Splyce and Chintai have rolled out a pioneering product on the Solana blockchain, designed to grant retail users access to high-grade tokenized securities typically reserved for institutional investors. The new offering harnesses strategy tokens, or S-Tokens, which are crafted to provide exposure to yields generated by Chintai’s tokenized assets. Although retail users never hold the actual securities directly, S-Tokens act as a “mirror,” offering a loan-backed structure that reflects the performance of underlying assets.
The primary goal is to democratize access to RWA yields, which have traditionally been limited by high capital requirements and strict compliance hurdles. The companies aim to bridge this gap, enabling broader participation while ensuring strong regulatory adherence. Splyce facilitates seamless engagement with these assets through existing Web3 wallets, preserving the permissionless nature that has become a hallmark of DeFi.
According to Ross Blyth, Splyce’s chief marketing officer, “There are no jurisdictional restrictions on where S-Tokens can be offered—they’re as permissionless as USDC or USDT. However, deposits are still subject to standard KYC/AML protocols to uphold compliance standards.”
The initial product in this category involves the Kin Fund, a tokenized real estate investment launched by Kin Capital on the Chintai network, exemplifying the growing trend of real estate tokenization.
“Distribution and liquidity have historically been the biggest obstacles for RWAs,” explained Josh Gordon, managing director at Chintai. “Soon, institutional-grade assets will be tradable across Solana’s decentralized exchanges just as effortlessly as tokens today.”
With this launch, Solana’s RWA landscape is poised for expansion, capitalizing on its high throughput, low fees, and active developer community to support a rapidly growing tokenized asset market. Currently, the network’s tokenized assets exceed $656 million, placing it among the top chains alongside Ethereum, Polygon, ZKsync Era, and Aptos.
Growth has been remarkable—over 260% increase in tokenized assets on Solana since the start of the year, driven by offerings like Ondo US Dollar Yield and the Ondo Short-Term US Government Bond Fund, providing tokenized access to US Treasurys. Additionally, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), launched on Solana earlier this year, highlights the network’s rising role in institutional RWA markets. Although most products target accredited investors, efforts are underway to expand retail access through collaborations like Ondo’s partnership with Alchemy Pay, and the availability of Ondo’s YieldCoin (USDY) on Stellar.
This momentum aligns with Solana’s growing reputation as a platform for tokenized equities, with Nasdaq-listed Forward Industries planning to tokenize its stock via Solana’s regulated issuance platform, Superstate, further expanding retail and institutional opportunities in crypto markets.
This article was originally published as Chintai-Splyce Partnership Unlocks Solana RWAs for Broader Access Beyond Institutions on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
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