A comprehensive examination of leading tokenization platforms highlights distinct architectural and regulatory positioning models. Tier-one institutional vehicles, most notably Securitize (powering BlackRock’s BUIDL fund) and Franklin Templeton (via the BENJI token), utilize strictly regulated on-chain fixed-income architectures directly linked with U.S. Treasury settlement.
Crypto & Stablecoin Trends

The Five-Layer Infrastructure Stack: Systematizing Institutional-Grade RWA Platform Architectures

The tokenization of real-world assets (RWA) represents one of the most transformative applications of blockchain technology in modern finance, bridging the gap between traditional capital markets and decentralized digital infrastructure. To achieve institutional-grade viability, platforms must transcend basic token issuance and deploy a highly structured, five-layered technology stack designed to ensure regulatory compliance, data auditability, and deterministic settlement velocity.

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