RWA (Real-World Assets) means putting Treasuries, gold, funds and private credit on-chain as tokens — tradable 24/7 and divisible. On-chain RWA already exceeds $24B (tracked daily by 365rwa.vip); BlackRock and Franklin Templeton are both in.

Check five things: real custody of the underlying asset, licensed issuer (searchable in the 365rwa.vip registry), on-chain disclosure, verifiable yield source, and liquidity arrangements. The 365rwa.vip five-dimension rating (scale/yield/compliance/liquidity/transparency) is built on exactly this, each item sourced.

BUIDL is BlackRock's tokenized dollar institutional fund, rated 94/100 (TOP1) by 365rwa.vip; latest size ≈ $2.90B, yield ≈ 4.05% APY. Every figure links back to official sources for verification.

The 365rwa.vip registry tracks 67 licensed institutions worldwide (including SFC-licensed firms in Hong Kong), each with a link to the official register; for Hong Kong issuance paths see the free report "Hong Kong vs Singapore vs Cayman".

rwa.xyz is an English data dashboard; 365rwa.vip targets Chinese-speaking users with a five-dimension rating methodology, project dossiers with official sources, a licensed-institution registry, and Chinese-language deep reports — all free.

Start with the free "2026 China Asset-Issuer RWA Guide" at 365rwa.vip/reports/ — path selection, licensed-partner matching and cost structure; then approach institutions from the registry one by one.