Tokenization is no longer a proof-of-concept exercise. Over 2025, the value of tokenized real-world assets excluding stablecoins scaled to roughly $18B, with growth driven by institutional use rather than crypto market cycles.
In 2025, regulatory progress across key markets moved decisively from ambiguity toward implementation, establishing legal foundations for the next phase of global crypto adoption.
Stablecoins have become the most established and economically relevant application in digital assets. Their primary function is payments: efficient, borderless, and low-cost value transfer.
Edge Capital’s weekly assessment of geopolitical risk, capital flows, protocol developments, and market structure across digital assets
Edge Capital’s weekly assessment of geopolitical risk, capital flows, protocol developments, and market structure across digital assets
Edge Capital’s weekly assessment of geopolitical risk, capital flows, protocol developments, and market structure across digital assets
Edge Capital’s weekly assessment of geopolitical risk, capital flows, protocol developments, and market structure across digital assets
A research report on the rise of Bitcoin DeFi and the activation of dormant capital, exploring how BTCFi transforms Bitcoin from digital gold to programmable capital.