$418.57B
Projected RWA market size in 2026
The tokenized real-world assets market is projected to grow from $255.84 billion in 2025 to $418.57 billion in 2026, a 63.6% CAGR.
Source: The Business Research Company, February 2026Tokenized Asset Marketplace
Institutional secondary markets for tokenized assets
Mercury RWA is the trading platform that turns tokenized assets into active institutional markets. Issuers and marketplace operators can run discovery, execution, compliance, and settlement from one place, covering the whole trade lifecycle.
The Challenge
Tokenization Alone Is Not Enough
The Reality
Digital representation does not automatically create liquid markets. True market liquidity requires sophisticated infrastructure beyond basic tokenization.
What's Missing
- Continuous secondary-market price discovery, not just token issuance
- Proper market structure
- Aligned economic incentives
- Active trading mechanisms
The Solution
The Liquid Mercury Solution
Liquid Mercury provides the infrastructure needed to move tokenized assets into active secondary trading.
Low-Cost Markets
Secondary markets built for continuous two-sided trading, not one-shot issuance
Professional Structure
Market structure with continuous two-sided price discovery
Institutional Execution
Execution and compliance surfaces sized for institutional audit
Aligned Incentives
Economic incentives designed to drive liquidity and active participation
Your Marketplace
You set the rules, control access, and define the trading parameters for your assets
Platform Pillars
What We Built
The platform covers the full stack needed to operate a secondary market for tokenized assets.
01
Complete RWA Marketplace
A comprehensive platform that handles every aspect of the trading lifecycle, from asset discovery and onboarding through execution and settlement, with support for multiple asset classes and trading strategies.
02
Institutional EMS/OMS
Execution and order management designed for tokenized asset markets, with advanced order types, smart routing, real-time risk management, and compliance controls built for regulated securities.
03
High-Performance Engine
Trading infrastructure built for microsecond-latency execution, with price discovery that holds up under peak market activity.
04
Integrated Compliance
Compliance infrastructure embedded at every layer of the platform, with automated KYC/AML checks, programmable transfer restrictions, and direct integration with institutional custody providers.
Marketplace View
RWA Marketplace in Action
Screen recording of the Mercury RWA Marketplace: a dashboard listing tokenized assets with pricing and depth, drilling into a single asset, and executing a sample trade.
Walk through the marketplace: browse tokenized assets, inspect pricing and depth, and trigger a trade — all in one interface.
Platform Features
Comprehensive Marketplace Infrastructure
Centralized Discovery
Single platform for discovering and accessing tokenized assets across multiple issuers
Onboarding & Verification
Streamlined asset onboarding and automated investor eligibility verification
Primary & Secondary
Support for both primary issuance and active secondary market trading
Real-Time Metrics
Live pricing, liquidity depth, and comprehensive market analytics
Compliance
Compliance & Operations
Automated compliance infrastructure that can scale with institutional operating requirements.
Automated KYC/AML
Instant investor verification and ongoing monitoring
Programmable Compliance
Smart contract-based transfer restrictions and compliance rules
Audit & Reporting
Comprehensive audit trails and regulatory reporting tools
Settlement
Settlement & Custody Integration
Mercury Ledger
Reconciliation
BitGo Custody
DvP Settlement
The settlement stack combines real-time position keeping, reconciliation, custody integration, and delivery-versus-payment execution.
Competitive Edge
Our Competitive Advantages
Structural Cost Advantage
Significantly lower fees vs. traditional high-cost platforms enable active trading
Network Effects
Two-sided marketplace connecting institutions and issuers creates compounding value
Workflow Lock-In
Embedded infrastructure integration creates natural switching costs
Market Expertise
Deep institutional market structure knowledge from decades of experience
Market Opportunity
Tokenized asset markets are moving from pilots to scale
Market research now points to rapid expansion in tokenized real-world assets, with treasury adoption, projected market size, and institutional participation all accelerating.
$8.7B
Tokenized US Treasury market
Tokenized US Treasuries have surpassed $8.7 billion, while the broader tokenized RWA market excluding stablecoins has reached roughly $19 billion to $36 billion in early 2026.
Source: KuCoin, January 2026$3.016T
Projected market size by 2030
The tokenized RWA market is projected to reach $3,016 billion by 2030 as institutional participation and regulatory frameworks expand.
Source: The Business Research Company, February 2026Market Signal
Asset tokenization is moving into the mainstream institutional agenda
Market Signal
“Grayscale expects rapid growth in asset tokenization over the coming years, facilitated by more mature blockchain technology and improved regulatory clarity.”
Grayscale Research, 2026
FAQ
Common Questions About Mercury RWA
What is Mercury RWA?
Mercury RWA is a platform for operating secondary markets for tokenized real-world assets.
Why do tokenized assets need secondary market infrastructure?
A token alone does not create liquidity. Secondary market infrastructure is needed for discovery, execution, compliance, and settlement.
Who is Mercury RWA built for?
Mercury RWA is built for asset issuers, marketplace operators, and institutional investors that need structured trading workflows for tokenized assets.
Does Mercury RWA support compliance and custody workflows?
Yes. Mercury RWA is designed to support KYC and AML checks, custody integrations, reporting, and delivery-versus-payment settlement.
For Asset Issuers
Launch Markets Faster
Issuers can launch faster than building market infrastructure in-house. The marketplace can carry their own brand while using Mercury's stack.
White-Label Solution
Launch your branded marketplace with full customization
IP Purchase Option
Option to acquire the entire technology stack from Mercury
Cross-Marketplace Exposure
Access Mercury's institutional investor communities and distribute your assets across multiple connected marketplaces for broader reach and deeper liquidity
Get Started
Let's Build Your RWA Market
Schedule a demo to see the Liquid Mercury platform in action and discover how we can transform your tokenized assets into liquid, tradable markets.
Request Demo