In the past year, the story of real-world assets (RWA) being brought on-chain has become increasingly lively. From BlackRock's BUIDL fund to Pineapple Financial's $10 billion mortgage asset package, along with various government bonds, private credit, and commodities being tokenized, the entire RWA market has surpassed the $35 billion mark. This is not just a number; it reflects the reality that Financial Institutions are beginning to seriously embrace Blockchain technology.

Looking ahead to 2026, an increasing number of on-chain infrastructures are preparing for asset tokenization. Certain blockchain platforms focused on financial applications are establishing more efficient on-chain asset representation and management systems.

From a technical architecture perspective, the MultiVM mainnet is designed to lay the foundation for the on-chain of different types of assets. Specifically, it includes three aspects: First, the native RWA support module, which has introduced permission management and clearing settlement functions through recent upgrades, and has currently integrated some institutional assets as well as various commodity and stock tokenization projects. Second, substantial cooperation at the institutional level—assets from Pineapple Financial have already been put on-chain, and Canary Capital has also made relevant applications, along with support from traditional financial players like Revolut for such platform assets. These collaborations have genuinely built a bridge between CeFi and DeFi. Third, the continuous expansion of ecological applications, from stock perpetual contract trading to coverage of more asset types, combined with community mechanisms such as token buyback mechanisms to maintain ecological health.

In simple terms, to adapt to the rapid development of the RWA track, a Layer-1 blockchain designed specifically for finance is competing with a combination of MultiVM architecture, fast block confirmation, and native RWA modules. As this field continues to mature, the role of such platforms in enhancing asset liquidity, ensuring transaction compliance, and improving transaction efficiency will become increasingly critical.