Julian Kwan from InvestaX: RWA Tokenization Explained, Licensed RWAs & Onchain Capital Markets
Tue Feb 03 2026
In this episode of the Applied Blockchain Podcast, Adi Ben-Ari speaks with Julian Kwan, Co-Founder & CEO of IXS and InvestaX, about why real-world asset tokenization is moving from “security token experiments” into a global race to rebuild capital markets on-chain.
Drawing on Julian’s experience building licensed RWA platforms across Singapore and the Bahamas, the conversation explores how tokenization is evolving beyond crowdfunding into programmable, interoperable financial infrastructure — and why stablecoins, regulation, and distribution are the real catalysts for growth.
Together, Adi and Julian explore, including but not limited to:
• Why “security tokens” became “digital securities” and now “RWAs”
• Why capital markets moving on-chain is ultimately an efficiency play
• How Singapore’s early regulatory approach enabled real experimentation
• Why stablecoins are the key utility pillar behind on-chain finance
• The biggest bottlenecks in RWAs
• Why liquidity doesn’t magically appear• How tokenized treasuries became the first true product-market fit in RWAs
• The next wave: private credit, private debt, and “Bitcoin real yield”
• Where privacy matters in on-chain marketsResources Mentioned & Themes Discussed
• Singapore’s regulatory and government grant approach to tokenization
• Tokenized treasuries and yield-bearing on-chain assets• DEX models (e.g., Uniswap-style liquidity pools) applied to tokenized securities
• AI agents as a new interface for discovering information and automating workflows
This podcast is brought to you by Applied Blockchain, a leading blockchain development company shaping the future of Web3 and decentralized technologies.
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Applied Blockchain
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Disclaimer
This podcast is strictly for educational purposes and does not constitute financial or tax advice. It is not a solicitation to buy or sell any assets or make financial decisions. Always consult with a professional and do your own research.
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In this episode of the Applied Blockchain Podcast, Adi Ben-Ari speaks with Julian Kwan, Co-Founder & CEO of IXS and InvestaX, about why real-world asset tokenization is moving from “security token experiments” into a global race to rebuild capital markets on-chain. Drawing on Julian’s experience building licensed RWA platforms across Singapore and the Bahamas, the conversation explores how tokenization is evolving beyond crowdfunding into programmable, interoperable financial infrastructure — and why stablecoins, regulation, and distribution are the real catalysts for growth. Together, Adi and Julian explore, including but not limited to: • Why “security tokens” became “digital securities” and now “RWAs” • Why capital markets moving on-chain is ultimately an efficiency play • How Singapore’s early regulatory approach enabled real experimentation • Why stablecoins are the key utility pillar behind on-chain finance • The biggest bottlenecks in RWAs • Why liquidity doesn’t magically appear• How tokenized treasuries became the first true product-market fit in RWAs • The next wave: private credit, private debt, and “Bitcoin real yield” • Where privacy matters in on-chain marketsResources Mentioned & Themes Discussed • Singapore’s regulatory and government grant approach to tokenization • Tokenized treasuries and yield-bearing on-chain assets• DEX models (e.g., Uniswap-style liquidity pools) applied to tokenized securities • AI agents as a new interface for discovering information and automating workflows This podcast is brought to you by Applied Blockchain, a leading blockchain development company shaping the future of Web3 and decentralized technologies. Listen & subscribe Spotify ○ spoti.fi/43AjliC Apple Podcasts ○ apple.co/4izThbC Amazon Music ○ amzn.to/41RVTfz Anchor ○ bit.ly/4hufmY9 YouTube ○ bit.ly/3QZl2i8 Follow us for more blockchain insights LinkedIn ○ bit.ly/3DsSNp3 X ○ bit.ly/4iCKhCB YouTube ○ bit.ly/3QZl2i8 Medium ○ bit.ly/3R16Mp2 GitHub ○ github.com/appliedblockchain/ Linktree ○ linktr.ee/appblockchain Thank you for tuning in, Applied Blockchain appliedblockchain.com | silentdata.com Disclaimer This podcast is strictly for educational purposes and does not constitute financial or tax advice. It is not a solicitation to buy or sell any assets or make financial decisions. Always consult with a professional and do your own research.