Venture capital is fueling real-world asset (RWA) tokenization as investors focus on blockchain’s role in institutional markets. In 2025, the value of tokenized assets rose from $15 billion to $28 billion, showing rapid growth across several asset classes.
Much of the early tokenization involved private credit and U.S. Treasury bonds, but investors are now targeting equities and energy assets. The expansion highlights the increasing range of tokenized products available on blockchain.
Several major firms, including Plume, Galaxy Ventures, Morpho, OKX Ventures, Anchorage Digital, and Centrifuge, launched Ascend, a nine-week accelerator program. The initiative supports projects developing tokenization infrastructure and onchain applications.
Plural Raises $7.13 Million for Energy Tokenization
Plural, a tokenization platform focused on energy assets, raised $7.13 million in a seed round led by Paradigm. Other investors included Maven 11, Neoclassic Capital, and Volt Capital.
Plural brings solar, storage, and data centers onchain as part of its strategy. The International Energy Agency (IEA) projects electricity use from AI data centers will quadruple by 2030, underscoring the demand for tokenized energy infrastructure.
The company’s platform reflects the broader tokenization trend, where investors use blockchain to access yield from real-world energy projects.
Irys Raises $10 Million for AI Datachain Development
Irys, a layer-1 blockchain designed for data-intensive applications, raised $10 million in a Series A round led by CoinFund. Investors Amber Group, Hypersphere, and Breed VC also joined the round.
Irys describes itself as a datachain, aiming to provide low-cost storage for large volumes of data. The platform allows data to be stored and used as programmable assets onchain.
CoinFund noted that decentralized data storage has faced challenges, including storage limits, economic misalignment, and the lack of flexibility between permanent and temporary storage.
Credit Coop Secures $4.5 Million for Programmable Credit
Credit Coop, a blockchain credit protocol, raised $4.5 million from Maven 11, Lightspeed Faction, and Coinbase Ventures. The funding will support the company’s expansion of its credit platform.
The protocol connects institutional lenders with yield opportunities supported by verifiable cash flows. It enables businesses to use traditional assets and projected income as collateral for credit.
Credit Coop has already processed $150 million in total volume, with $8.5 million in active loans currently on its books.
Yellow Network Raises $1 Million with Ripple Co-Founder Backing
Yellow Network, a Web3 infrastructure company, raised more than $1 million in a token sale through Republic. The Reg D-compliant sale was oversubscribed with participation from accredited U.S. investors.
The project is backed by Ripple co-founder Chris Larsen. Yellow Network builds infrastructure for digital asset trading, providing cross-chain systems for brokers and exchanges.
“The U.S. market is ready for regulated digital infrastructure, where institutions and creators can engage with confidence,”
said Alexis Sirkia of Yellow Network.
Utila Raises $22 Million for Stablecoin Infrastructure
Utila, a stablecoin infrastructure provider, raised $22 million in a Series A extension led by Red Dot Capital Partners. Participants included Nyca Partners, Wing VC, and others.
The company offers custody, wallet management, and compliance tools for businesses integrating stablecoin operations. Utila has processed over $60 billion in transactions.
The raise comes as stablecoin adoption accelerates, with the market capitalization surpassing $285 billion, according to DefiLlama.
