Solana co-founder Anatoly Yakovenko reposted a product demo video, inflicting the COLLAT token to skyrocket.
Actual-world asset tokenization launchpad Collateralize has jumped 310% since Could 17 after Solana Labs co-founder Anatoly Yakovenko reposted a product demonstration X put up.
Its COLLAT token’s market capitalization jumped to greater than $82 million on Could 20 from $20 million on Could 17, in accordance to The Defiant’s worth feeds. It has since retreated a bit to $61 million.
Collateralize permits tokenizing any real-world asset (RWA), from baseball playing cards to actual property. The protocol makes use of a dynamic bonding curve, and as soon as that purpose has been reached, the asset begins buying and selling on the Meteora decentralized change (DEX). Meteora has audited the bonding curve program.
The Solana-based protocol costs a 1% price on transactions and a 5% price upon migration to Meteora. One other 15% goes to the Meteora liquidity pool.
“Tokenizing RWAs makes sense when it enables something that wasn’t previously possible—like liquidity, programmability, or broader access,” mentioned Collateralize co-founder Pierre Hoffman through Telegram. “We’re starting to see early examples of this, especially with publicly traded RWAs like U.S. Treasuries or equities. That’s already a meaningful shift.”
However, he added, there’s a much bigger alternative in non-public belongings, which don’t at present have entry to deep liquid markets
“If we can bring those onchain—under proper frameworks and with transparency—we can let markets decide which ones are valuable enough to be traded, collateralized, and used,” Hoffman mentioned. “It feels early, but the fundamentals are lining up.”
Boosting Liquidity
Fixing liquidity is an enormous alternative, Collateralize mentioned in its pitch deck, noting that whereas crypto has a market cap of about $3 trillion, the marketplace for illiquid RWAs is a whopping $750 trillion.
With a 15% price allotted to liquidity when an asset migrates to Meteora, Collateralize hopes it has solved that downside.
“Liquidity is a prerequisite for any asset to be useful onchain,” Hoffman mentioned. “So, in our model, a portion of each token purchase goes directly into a dedicated liquidity pool. This ensures that once an asset is tokenized, it’s also immediately tradable. We don’t see this as an overhead cost, but rather as a structural feature—something that helps bridge the gap between illiquid, offchain assets and the fast, composable nature of DeFi.”
