Capitalization of tokenized property for the primary three months of 2026 exceeded $19 billion—greater than triple the determine from the start of 2025. Behind these numbers lies the event of tokenization, a know-how that transfers rights to real-world property—reminiscent of gold, shares, bonds, and actual property—onto the blockchain.
We explored how this market works, the place Ukrainians should buy such property, how a lot capital is required to get began, and how much returns may be anticipated LIGA.net
Gold, shares, and actual property in your smartphone: how tokenized property work
To invest in gold, you don’t want to purchase a bodily bar; you should purchase a portion of those property via a crypto pockets, even with a small quantity. This method is named Actual World Property (RWA)—the tokenization of real-world property.
The thought is to symbolize the fitting to an actual monetary or bodily asset as a digital token on a blockchain. This could possibly be gold in a vault, a share in a fund linked to US authorities bonds, or a stake in an organization that owns actual property.
“Something may be tokenized—gold and silver, oil and wheat, shares and bonds,” explains Mykhailo Patsan, proprietor of the Study to Earn International group of firms.
On the blockchain rotates roughly $39.37 billion in tokenized property, with the variety of holders reaching 5.51 million addresses as of November 3, 2026. One of many largest market segments consists of tokenized Treasury and different authorities bonds, the overall worth of which reached $12.65 billion.
Tokenization doesn’t imply that a person turns into the proprietor of a bodily asset or a safety; the whole lot is dependent upon the authorized construction of the particular product. In a single occasion, a token represents a share in a fund; in one other, it constitutes a debt declare towards the issuer; and in a 3rd, it grants a proper to a share in an organization that owns actual property.
What property may be bought via blockchain?
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Tokenized gold – an organization purchases bodily metallic, shops it in a vault, and points digital tokens backed by gold. For instance, Tether Gold (XAUt) is backed by gold held in Swiss vaults, whereas Paxos’s PAX Gold (PAXG) is backed by bullion saved in Brink’s vaults.
Every token corresponds to one troy ounce of gold. The investor purchases a digital asset with a value pegged to the worth of gold. This instrument doesn’t generate common earnings; as an alternative, revenue is made out of the appreciation of the metallic’s value.
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Tokenized shares …allow the acquisition of a digital instrument whose worth is linked to the shares of public firms. For instance, Ondo Shares provides over 430 devices linked to US shares and ETFs. One other instance is xStocks from Backed, a Kraken group firm.
Earnings are generated by means of the worth appreciation of the underlying inventory and dividends, the place offered for by the product phrases. Within the case of Ondo and xStocks, dividends are reinvested by rising the variety of tokens following the deduction of withholding tax.
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Tokenized bonds allow funding via blockchain in authorities securities or funds that invest in such property. Examples embody BlackRock’s BUIDL, Circle’s USYC, Ondo’s USDY, and the Franklin Templeton fund.
For instance, BUIDL is a tokenized share of a BlackRock cash market fund that invests in money equivalents and short-term U.S. authorities securities. In different phrases, the investor owns a share of the fund fairly than a person Treasury bond.
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Tokenized actual property It’s normally structured by means of a authorized entity, with tokens representing shares within the firm that owns the property. In different phrases, the investor acquires a stake within the authorized construction fairly than direct possession of the house. Rental earnings is the first supply of revenue. The ultimate return is influenced by emptiness durations between tenants, repairs, taxes, and administration prices.
For instance, the US platform Lofty provides over 180 properties throughout 21 US states. Every property is owned by a separate Wyoming LLC, and rental earnings is distributed amongst token holders.
The place to purchase tokenized property
Tokenized property may be bought by means of crypto exchanges, digital wallets, and brokerage platforms. Availability is dependent upon the asset kind, the issuer, and the nation the place the investor is registered.
“Essentially the most accessible section for Ukrainians is shares,” says Patsan.
For instance, xStocks tokenized shares may be bought on the Kraken alternate, whereas Ondo Shares merchandise can be found via Binance, Bitget, MetaMask, and Blockchain.com. Binance additionally has its personal product for buying and selling tokenized securities: bStocks.
One other class is tokenized bonds. One instance is USDY from Ondo. It’s a digital token backed by short-term US authorities bonds and financial institution deposits.
By buying it, the investor acquires an asset with a yield linked to the curiosity generated by these monetary devices. USDY is aimed toward traders exterior the US; nevertheless, earlier than shopping for, Ukrainians ought to confirm whether or not the issuer permits dealings with Ukrainian residents.
On the similar time, accessing such investments might require important preliminary capital. As an illustration, buying tokenized bonds by means of Ondo requires a minimal funding of $100,000, whereas BlackRock’s BUIDL fund is on the market solely to certified traders, with a minimal funding of $5 million.
One other space is tokenized gold. Common devices embody XAUT and PAXG, which, in accordance to Patsan, may be bought on the WhiteBIT alternate. PAX Gold can also be accessible by means of the Interactive Brokers platform, which serves purchasers from Ukraine.
For Ukrainians, gaining entry to tokenized actual property is essentially the most troublesome problem. Most platforms on this sector, reminiscent of Lofty, focus totally on the US market, which limits alternatives for traders from different international locations.
What quantity can I begin with?
The minimal threshold is dependent upon the platform and the particular instrument. In accordance to Mykhailo Patsan, proprietor of the Study to Earn International group of firms, tokenized xStocks shares may be bought on Kraken beginning at $1, whereas Franklin Templeton fund tokens may be purchased via the Benji app beginning at $20.
“One of many benefits of the crypto world is freedom. By way of the quantity concerned, which means even with simply ten {dollars}, you possibly can invest or commerce,” notes Oleksii Plastun, Physician of Economics and Professor at Sumy State College.
Returns rely upon the underlying asset. Shares can generate revenue by means of capital appreciation and dividends, bonds by means of curiosity funds, and actual property by means of rental earnings, whereas gold yields returns solely by means of adjustments within the metallic’s value.
In September 2026, the yield on USDY was roughly 3.53% each year, whereas BUIDL stood at 3.44%, in accordance to information offered by Mykhailo Patsan. These are usually not assured charges, as they fluctuate primarily based on market circumstances. In the event you invest $1,000 at an annual fee of three.5%, you might earn roughly $35 earlier than taxes over the course of a 12 months, offered the speed stays unchanged.
Charges and dangers: what you want to know earlier than investing
Shopping for and promoting prices rely upon the platform. As an illustration, Kraken doesn’t cost a separate fee for xStocks transactions however income from the unfold—the distinction between the shopping for and promoting costs. That is in accordance to Mykhailo Patsan.
At Paxos, a hard and fast payment of 0.02 PAXG (roughly $85) applies to purchases of up to two ounces of gold after September 30, 2026; due to this fact, this technique will not be cost-effective for small quantities. At Interactive Brokers, the fee for a crypto commerce is 0.12–0.18%, topic to a minimal of $1.75.
Prices related to the storage, switch, and conversion of property should be thought of individually.
Ukrainian traders should additionally take taxes under consideration. There is no such thing as a single fee for all tokenized property; it is dependent upon the authorized nature of the token and the kind of earnings.
For instance, if a token legally confirms possession of international shares, dividends acquired are topic to private earnings tax at a fee of 9% and a army levy of 5%. If an investor sells such shares at a revenue, private earnings tax at 18% and a army levy of 5% apply; the tax is calculated primarily based on the optimistic distinction between the sale value and the documented acquisition prices.
It is a machine translation of the unique article in Ukrainian. It could include errors.
