The RWA track has seen quite a few new developments recently, and the ecosystem progress of the Walrus project is worth paying attention to.

According to the latest data, by early 2026, the total on-chain asset value of Walrus's RWA has surpassed $1 billion, a 25% increase compared to the end of last year, and the growth rate remains impressive. The asset coverage is also expanding, now including 12 categories of compliant assets such as precious metals, jade raw materials, cross-border commodities, and recently added two major categories: commercial real estate and art pieces.

Looking at some specific cases, you can feel the vibrancy of this ecosystem. A commercial office building in Shanghai was split into 10,000 tokens on the platform and was fully subscribed within three days. Investors can earn rental income in real-time by holding these tokens. The tokenized commercial building in Beijing CBD is even more popular, with daily transaction volumes exceeding $5 million, making it one of the most active trading pairs in the RWA secondary market.

What is the technical support behind this? Walrus adopts a "technology confirmation + compliance audit" dual-engine model. Its core competitive advantage is the cross-chain asset confirmation architecture, which directly addresses the most challenging trust issues in bringing real-world assets onto the chain. The property rights certificates, appraisal reports, and other materials submitted by asset issuers are cross-verified by 18 authoritative nodes worldwide, with an error rate controlled below 0.01%, ensuring high accuracy. Meanwhile, the platform integrates official data interfaces such as the National Intellectual Property Office, allowing asset ownership changes to be synchronized to the chain in real-time, making on-chain certificates fully legally valid.

The compliance audit engine is also being upgraded and iterated. In 2026, it added support for the EU MiCA regulation and the new SEC regulations in the US, with tailored compliance handling for different regional markets, which is crucial for expanding international business.

WAL, as the core of value circulation within the ecosystem, carries the liquidity and incentive mechanisms of the entire RWA system, and its potential is indeed significant.