Switzerland-based Web3 development platform Enso has introduced a real-world asset (RWA) application that provides access to more than 500 tokenized assets. The launch, announced on June 22, 2026, builds on integrations with xStocks, Ondo Finance, and Anchorage Digital’s Porto. The platform’s execution layer allows users to trade tokenized stocks, ETFs, treasuries, commodities, and stablecoins in a unified environment.
According to the company, the offering includes major US companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla, and SpaceX. Tokenized assets from Ondo Finance cover equities, treasury products, and capital markets infrastructure, while xStocks enables access to a broader range of tokenized equities and ETFs. Enso’s goal is to simplify access to tokenized assets across multiple venues, improving the user experience for both retail and institutional investors.
Growing demand for tokenized US equities in Europe
Enso’s launch comes as European demand for tokenized US equities continues to climb. Many European investors are seeking exposure to US markets but face limitations with traditional trading hours and cross-border barriers. Tokenized assets, which are blockchain-based representations of real-world securities, offer 24/7 trading and faster settlement. Enso co-founder and CEO Connor Howe noted that the demand concentrates in two areas: tokenized access to US markets, with the around-the-clock trading traditional venues cannot match, and yield-bearing dollar assets.
Data from RWA.xyz shows the number of tokenized asset holders rose 13.4% over the previous 30 days to 930,612, although the total value of tokenized assets dipped 0.9% during the same period. Tokenized US Treasury debt remains the largest category at $15 billion in onchain value, followed by tokenized commodities at $4.6 billion and asset-backed credit at $2.2 billion. Tokenized stocks accounted for $1.6 billion, ranking fifth among all tokenized asset categories.
Enso’s approach to RWA aggregation
Enso’s execution layer integrates with multiple RWA providers, giving users a single dashboard to trade, swap, or hold tokenized assets. The platform also leverages Anchorage Digital’s Porto, a regulated custody solution, to ensure secure asset storage. By aggregating liquidity from xStocks and Ondo Finance, Enso aims to reduce fragmentation in the rapidly growing RWA market. The company stated that bringing these assets under one distribution layer would make it easier for investors to diversify across asset classes without needing multiple accounts or platforms.
The move aligns with a broader trend of European crypto firms expanding into tokenized traditional assets. Earlier in 2026, Austria-based Bitpanda expanded its offering to roughly 10,000 stocks and ETFs. Several other European digital asset firms have launched similar services to capitalize on the growing appetite for tokenized securities. Enso’s RWA app is available immediately to users, with support for Swiss francs, euros, and stablecoins as funding options.
Background: The rise of tokenized real-world assets
Tokenization—the process of representing real-world assets on a blockchain—has gained significant traction since the early 2020s. Institutional players like BlackRock, Franklin Templeton, and BNP Paribas have explored tokenized funds and bonds. In 2024, the total value locked in RWA protocols surpassed $10 billion, and it has continued to grow as regulatory clarity improves in jurisdictions like Switzerland, Liechtenstein, and the European Union under the Markets in Crypto-Assets (MiCA) regulation. Tokenized stocks first crossed $1 billion in onchain value in March 2026, with Ondo holding about 58% of that market and xStocks about 24%.
Tokenized commodities, such as gold and silver, have also seen increased adoption, with platforms like Paxos and Tether offering digital tokens backed by physical bullion. Stablecoins, which are tokenized fiat currencies, remain the most widely used tokenized asset, with a combined market cap of over $200 billion. The RWA market is expected to grow further as more traditional financial institutions adopt blockchain technology for settlement, clearing, and asset issuance.
Challenges and opportunities
Despite its potential, the tokenized asset market faces hurdles, including regulatory fragmentation, custody risks, and limited liquidity in some asset classes. However, Enso’s integration with regulated custodians like Anchorage Digital addresses some of these concerns. The company also emphasizes that its execution layer is designed to comply with Swiss and EU regulations, making it suitable for institutional adoption.
Europe’s MiCA framework, which came into full effect in late 2025, has provided a clear legal structure for digital asset service providers. This has encouraged firms like Enso to launch RWA products with confidence. The Swiss Financial Market Supervisory Authority (FINMA) has also been proactive in granting licenses for tokenized securities, further supporting innovation.
In addition to equities and treasuries, Enso plans to expand its RWA offering to include real estate, private credit, and intellectual property rights in the future. The company’s roadmap includes partnerships with asset managers and fintech firms to bring more tokenized products to the platform. As of June 2026, the total number of tokenized asset holders globally is approaching 1 million, and the market is set to mature as more investors become comfortable with blockchain-based securities.
The launch of Enso’s RWA app represents a significant step toward bridging traditional finance and decentralized finance (DeFi). By providing access to over 500 assets in a single application, Enso is positioning itself as a key player in the European tokenization ecosystem. Investors can now trade US stocks, ETFs, and treasuries with the same ease as cryptocurrencies, all while benefiting from the transparency and efficiency of blockchain technology.
Source: Cointelegraph News