
Author
Thor Abbasi
Published
Category
Zivoe has now reached $1.06M in cumulative revenue with $6.63M in TVL, delivering a gross return on assets of ~16% since launching last November. Despite softer crypto markets in recent weeks, interest in tokenized real-world assets has remained strong.
Private credit continues to be the fastest-growing segment within tokenization, and Zivoe enters the final month of the year with solid momentum.
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Crypto markets have pulled back in recent weeks with BTC and ETH falling below $85K and $2.75K respectively as of December 1st. This has coincided with tightening liquidity across the ecosystem, reflected in net outflows from stablecoins over the last 30 days.

Despite this broader weakness, capital has been rotating into more conservative yield opportunities such as tokenized real-world assets and high-APR stables. Over the last thirty days, total tokenized private credit has grown by roughly $360M, reaching $18.74B — nearly double the next largest category according to RWA.xyz.

The resilience of tokenized real-world assets despite broader market weakness is being driven by several factors:
In the last week alone, major players continued to expand their tokenization strategies:
Institutions are clearly here and positioning themselves early, but there remains enormous room for growth. Amundi alone manages approximately €2.3T in AUM, which is greater than the entire current TVL of crypto.
Regulatory alignment is improving across several markets. Recent examples include:
Governments such as South Korea and Bolivia are clearly warming to tokenization and adapting their regulatory frameworks to support it. As this momentum builds, more people will gain access to crypto markets and projects will have greater clarity to expand their offerings.
DevConnect Argentina, the largest Ethereum event of the year, drew more than 20,000 attendees. The turnout highlights the rising interest in emerging markets such as South America, where macroeconomic instability has accelerated demand for digital dollars. The IMF has noted that stablecoins are increasingly used as a “household-level hedge” against local currency devaluation.[9]
Momentum is also building at the institutional level. With Bolivia reversing its crypto ban, and integrating stablecoins into the financial system banks are now beginning to offer crypto-based products. Banco Bisa became the first bank in the country to launch a USDT custody product.
As more individuals across Latam hold stablecoins, they will increasingly look for ways to deploy those assets productively. This creates a growing opportunity for Zivoe and others offering tokenized real-world asset products.

As we move into the final weeks of the year, we are focused on finishing strong and setting up a clear path for early 2026. Our next newsletter later this month will share a deeper look at our priorities for the year ahead, including how we plan to scale, enhance transparency, and continue expanding access to tokenized private credit. Stay tuned.
In the meantime, if you’d like to learn more about gaining exposure to one of the fastest-growing segments in crypto with Zivoe, reach out at [email protected] or message @thorabbasi on Telegram.

Private credit has been a topic of debate in 2026, with growing discussion around credit quality and underwriting standards in some corners of the market.
Apr 16, 2026

Zivoe has now generated $1.36M in cumulative protocol revenue since launching at the end of 2024, with $6.93M in TVL.
Mar 30, 2026

As January draws to a close, we've seen more announcements in the past month regarding tokenization than in the previous year.
Jan 7, 2026
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