Memes Out, RWA In: How CEX Listings Flipped in H1 of 2026

3 weeks ago 12

Rommie Analytics

CryptoRank wrote on X that “nearly 1 in 5 tokens listed on CEXs in H1 2026 was a tokenized asset,” attributing the surge primarily to tokenized stocks from issuers including xStocks, bStocks, and Ondo. The listing shift is the retail-facing edge of a market whose on-chain value reached roughly $33.5 billion this month, and whose settlement layer is now being production-tested by the firm that clears nearly every US stock trade.

Key Takeaways

  • Meme token listings fell from 14.0% to 9.9% of the total over the same period, with DeFi down from 19.3% to 14.0%
  • On-chain RWA value tracked by rwa.xyz reached approximately $33.5 billion as of July 8, after roughly 30% growth in Q1 alone
  • The DTCC began limited production trades of tokenized Russell 1000 stocks, ETFs, and Treasuries in July, with...
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