Provenance Report: Weekly Recap

The Figure team spent the entire past week at an event in Miami. If you weren’t able to attend in person, you can watch the video and listen to the speakers.

Miami was the backdrop, but the real story was the acceleration:

-OpenWorld announced an agreement with Figure to tokenize its equity on the Onchain Public Equity Network (OPEN) alongside its proposed Nasdaq listing via merger with VerifyMe.

-Stellar announced the launch of YLDS, Figure's SEC-registered yield-bearing dollar product that combines stablecoin liquidity with money-market-style yields on its blockchain network.

-Figure announced a strategic partnership with Credibly, an AI-powered SMB lender, to bring loans and merchant cash advances onto its Democratized Prime blockchain marketplace.

-Monthly Loan Disbursements Hits a New High of $1.27B in April according to Artemis.

Last week's key tokenization news:

-On-chain RWAs surpassed or held above the $30B milestone: As of early May 2026 (e.g., May 4 data), distributed RWA value reached ~$30.96B (+2.8% WoW), with ~741K holders.
News[dot]TokenizerEstate

-DTCC advances tokenization service: The Depository Trust & Clearing Corporation (DTCC) is progressing with its tokenization service for real-world securities. It plans initial limited production trades in July 2026 and full launch in October.
DTTC

-Ripple/Ondo tokenized Treasuries redemption: Ripple redeemed Ondo OUSG holdings on the XRP Ledger, with cross-border USD settlement via J.P. Morgan (Kinexys) and Mastercard’s network in under 5 seconds.
RWA[dot]xyz

*Good read

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