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Kadena and Brickken launch testnet for compliant RWAs

Jayson Derrick
Edited by
News
Image representing RWA assets, and Kadena and Brickken partnership.

Kadena and Brickken have launched a testnet RWA chain that combines compliance with scalability.

Summary
  • Kadena and Brickken have launched a testnet RWA chain.
  • Plans call for tokenizing about $10 million in real-world assets at mainnet launch, not on testnet.
  • The mainnet launch is planned for 2026.

Editor’s note (Oct. 16): This story has been updated to clarify that the ~$10 million in real-world assets are planned to be tokenized at mainnet launch, not on the testnet. We regret the error.

Tokenized real-world assets have long been touted as the missing link between traditional finance and crypto. On Wednesday, October 15, Kadena, the proof-of-work Layer-1, teamed up with Brickken to launch a testnet infrastructure for compliant RWAs.

“The testnet is the first phase of a broader rollout; the tokenization of about $10 million in real-world assets is planned for mainnet launch, currently targeted for 2026. In essence, the rollout brings together Kadena’s (KDA) scalable RWA blockchain with Brickken’s tokenization platform.

“Brickken enhances Kadena’s RWA strategy by providing an end-to-end tokenization platform for issuers to create, manage, and distribute real-world assets on-chain,” said Annelise Osborne, Chief Business Officer at Kadena. “Integrating Brickken’s robust tokenization infrastructure with Kadena’s scalable, energy-efficient Proof-of-Work blockchain delivers a secure and compliant foundation for bringing real-world value into the digital economy.”

Kadena and Brickken hope to bring institutions on-chain

As part of the partnership, Kadena will handle the technical aspects of the chain. At the same time, Brickken will handle compliant asset issuance, KYC verification, and automation and transparency features. Thanks to these features, the two firms hope to build the infrastructure that institutions need to go on-chain.

“Partnering with Kadena reinforces Brickken’s commitment to advancing institutional-grade blockchain solutions. Together, we’re bridging traditional finance and Web3 and delivering the infrastructure required for compliant and secure Real-World Asset tokenization at scale. It is a new benchmark for the future of institutional adoption,” said Edwin Mata, CEO of Brickken.

RWAs are becoming an increasingly dominant narrative in the crypto space. According to Skynet Report, the RWA market could reach $16 trillion by 2030, with tokenized treasuries likely driving adoption.