Tokenisation of Real-World Assets

Treasuries, credit and property on-chain: what works today and what remains aspirational.

Where adoption is real

Short-dated government debt funds have found genuine product-market fit on-chain because the underlying instrument is simple, liquid and continuously priced.

The legal wrapper

A token is only as strong as the enforceable claim behind it. Review the issuing structure, the transfer agent and what happens in an insolvency.

What remains hard

Illiquid assets do not become liquid because they are tokenised. Price discovery still requires willing buyers.

Key takeaways

• Where adoption is real: Short-dated government debt funds have found genuine product-market fit on-chain because the underlying instrument is simple, liquid and continuously priced.
• The legal wrapper: A token is only as strong as the enforceable claim behind it.
• What remains hard: Illiquid assets do not become liquid because they are tokenised.

Risk disclosure

This article is educational content published by Vaultero Capital and is not investment advice, a recommendation, or an offer to buy or sell any asset. Digital assets are highly volatile and you may lose some or all of the capital you commit. Projected or historical returns are not a reliable indicator of future performance. Consider your objectives, time horizon and tolerance for loss, and seek independent professional advice where appropriate. Full terms are set out in our risk disclosure.