Real-world asset (RWA) tokenization is attracting venture capital interest due to the convergence of institutional blockchain adoption and the search for alternative yield sources. In 2025, onchain assets have grown to $28 billion from $15 billion, with tokenized assets proving a lucrative opportunity for venture firms.

Private credit and US Treasury bonds have been key focal points of tokenization, but the sector is expanding to include equities and energy assets. Major blockchain players have launched an accelerator program, Ascend, to support developers in building tokenization infrastructure and applications.

Tokenization platform Plural has secured a $7.13 million seed round led by Paradigm. Plural focuses on bringing high-yield investments in energy assets onto the chain, aligning with the increasing importance of energy infrastructure investments as AI-driven data center electricity consumption rises sharply.

Irys, a layer-1 blockchain for data-intensive applications, has raised $10 million in a Series A round led by CoinFund. The platform aims to tackle challenges in decentralized data storage to enable data creators to turn stored information into programmable economic assets.

Credit Coop, a blockchain-based credit protocol, has raised $4.5 million in a seed round from investors including Maven 11 and Coinbase Ventures. The platform connects institutional lenders with yield opportunities backed by verifiable cash flows, processing over $150 million in total volume to date.

Yellow Network, backed by Ripple co-founder Chris Larsen, has raised over $1 million from accredited US investors through a token sale on Republic. The company provides Web3 infrastructure for digital asset trading, emphasizing secure cross-chain trading for brokers, exchanges, and institutions.

Utila, a stablecoin infrastructure provider, has raised $22 million in a Series A extension round led by Red Dot Capital Partners. The company offers custody, wallet management, and compliance solutions to support the integration of stablecoin operations as demand for stablecoins rises.

Read more at Cointelegraph: VC Roundup: Tokenization, Datachains, and Stablecoins