• RWA issuers prioritize capital formation over liquidity, according to Brickken survey Exclusive fourth quarter data shows 69.2% of issuers are live, while 84.6% report regulatory friction shaping tokenization rollout. • What to know: A new Brickken survey finds most real-world asset issuers are using tokenization primarily to improve capital formation and fundraising efficiency, not to unlock secondary market liquidity. • While major exchanges like CME, NYSE and Nasdaq push toward 24/7 trading for tokenized assets, many issuers remain in a validation phase focused on regulatory structures, issuance processes and compliant asset quality. • Regulation is the main drag on tokenization efforts, even as activity expands beyond real estate into equities, IP and entertainment, with industry leaders emphasizing issuance infrastructure as the key bridge between traditional and decentralized finance. • A new fourth quarter 2025 survey from tokenization platform Brickken suggests that the majority of real-world asset (RWA) issuers are using tokenization to raise capital rather than to unlock secondary market liquidity, according to areport sharedwith CoinDesk. • Among respondents, 53.8% said capital formation and fundraising efficiency is their main reason for tokenizing, while 15.4% said the need for liquidity was their main incentive.
Article Summaries:
- A fourth‑quarter 2025 survey by tokenization platform Brickken shows that most real‑world asset (RWA) issuers are using tokenization mainly to raise capital rather than to create secondary market liquidity. 53.8 % of respondents cited capital formation and fundraising efficiency as their primary motive, while only 15.4 % listed liquidity as the main incentive; 38.4 % said liquidity was not needed, and 46.2 % expect it within 6-12 months. Regulatory friction remains the biggest barrier, even as activity spreads beyond real estate to equities, IP, and entertainment. Major U.S. exchanges (CME, NYSE, Nasdaq) are expanding to 24/7 trading, but issuers remain in a validation phase focused on compliance and issuance infrastructure.
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