Best Digital Asset Product is a category within BeInCrypto Institutional 100an annual research-driven program that recognizes the effectiveness of the digital economy in 26 categories and six pillars.
This category is under Pillar 3: Access to Digital Assets. The 15 products below are listed alphabetically by contributor and are not listed. Each entry is based on a specific product, not the company offering it. The shortlist will be named in May 2026, the winner announced Proof of Talk in Paris on June 2-3, 2026.
Important Points
- Long list: 15 products across crypto ETFs, tokenized MMFs, tokenized assets, private loans and PE funds, tokenized equities, bonds, and component product stacks.
- First package: More than 30 companies were tested; 15 advanced in a long list
- To order: Listed alphabetically by contributor, not by category
- Scoring: 50% data volume · 50% Expert Council
- Test results: AUM, network traffic, product design, regulatory approvals, multiple control points, chain reach, payment structure, distribution channels, corporate owners, technical mark.
- Data sources: SEC EDGAR, ETF flow trackers, SFC, VARA, FCA, FINMA, BaFin, MAS, MiCA-CASP registry, audit reports, rating agencies, PitchBook, Tracxn, and Crunchbase
| Product / Supplier | HQ & Listing | Reach out | Product design | Representative work |
| Apollo Global Management – ACRED | New York · NYSE: APO | $1.026T AUM Six chains live |
Tokenized Private credit Fund Apollo Diversified Credit Securitize Fund |
ACRED introduces Apollo Diversified Credit Fund through Securitize Live on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana |
| Supported Funds – bCSPX, bIB01, xStocks | Zug, Switzerland FINMA-compliant; About the Kraken |
$25B+ transaction volume as of June 2025 100 tokenized stocks live |
Tokenized equities and bond products xStocks tokenized equity suite |
bCSPX provides exposure to the S&P 500 ETF; bIB01 shows long-term wealth The xStocks Alliance includes Bybit, Gate.io, KuCoin, Talos, and 360X |
| BlackRock – IBIT, ETHA, BUIDL | New York · NYSE | $14T+ platform AUM IBIT $66.9B; BUIDL $2.5B–$2.85B |
Spot crypto ETFs Tokenized Money Market Fund |
IBIT became the fastest ETF to cross $80B AUM BUIDL was expanded to eight chains |
| Bitwise – BITB, BSOL | San Francisco · NYSE Arca | $11B in client assets 40+ retail sales |
Spot Bitcoin ETF The Solana ETP is a great show |
BSOL was listed on NYSE Arca in Oct 2025 He created a live SOL show with great prizes |
| Loyalty – FBTC, FETH | Boston, USA Fidelity Digital Assets OCC charter approved |
$15T + AU platform FBTC $13B–$15B AUM |
Spot Bitcoin and Ethereum ETFs A compact form of storage |
FBTC and FETH combine Fidelity asset management and Fidelity Digital Assets custody The amount of assets varies with ETF providers through internal holdings |
| Franklin Templeton – BENJI/FOBXX, EZBC, EZET | St. Matthews, CA · NYSE: BEN | $1.74 TUM BENJI posted on 8+ chains |
Tokenized Money Market Fund Spot Bitcoin and Ethereum ETFs |
FOBXX/BENJI was the first fund registered in the US using blockchain record keeping Franklin has built many tokenized fund distributions |
| Hamilton Lane – SCOPE, Secondary Fund VI, Direct Equity | Conshohocken, PA · Nasdaq: HLNE | $1T AUM and management 780 professionals worldwide |
Tokenized private debt is a private market investment Secure-based access structure |
SCOPE went public with Ethereum and Optimism Secondary Fund VI feeder reduced minimum from $5M to $20K |
| Hashnote / Circle – USYC | new York Bermuda-controlled; Cayman fund structure |
$3B+ AUM The largest MMF in the world is AUM |
Tokenized institutional money market fund Backed by Treasury bills and reverse repos |
USYC acquired BlackRock BUIDL in Jan 2026 Integrated with USDC for 24/7 transactions |
| Janus Henderson – JTRSY, JAAA, SPXA | London · NYSE: JHG | $457B AUM 25 offices worldwide |
Tokenized Treasury and index funds Rated tokenized stock fund |
JTRSY received an S&P rating of AA+f / S1+ SPXA was launched on Base as an S&P-licensed tokenized index fund |
| KKR – SKHC / HCSG II | New York · NYSE: KKR | $700B+ AUM Under the HCSG II fund at $4B |
Tokenized Private Equity Fund Avalanche is a Securitize structure |
KKR introduced the Health Care Strategic Growth Fund II as SKHC Products remain available to qualified investors |
| Ondo Finance – OUSG, USDY, Ondo Global Markets | new York Private companies; ONDO is sold publicly |
$1.81B+ platform TVL 265 tokenized securities and ETFs |
Tokenized Treasures, trading yields, tokenized securities Multi-chain market access |
The SEC investigation was closed without charges at the end of 2025 Ondo Global Markets has reached a large share of stocks |
| OpenEden – TBILL | Singapore BVI feeder fund; BNY-managed |
$260M+ AUM 10x growth year over year |
Tokenized US Treasury Bills Products rated |
The first T-bill product with dual ratings by Moody’s and S&P BNY appointed a fund manager and administrator |
| OSL – Tokenworks, HK Spot ETF Servicing, Taikang MMF | Hong Kong Parent listed by HKEX; VATP with SFC license |
Limited manager and exclusive VATP of Hong Kong spot crypto ETFs Supports BTC, ETH, and SOL ETF operations |
Tokenization platform and ETF service stack Hong Kong institutional product infrastructure |
The broker is the managing partner of Hong Kong’s first MMF brand under a unit-trust structure Tokenworks supports Tier-1 Hong Kong asset managers |
| Superstate – USTB, USCC, FundOS | new York The SEC’s registered advisor is the issuer |
USTB $967M AUM USCC $267M AUM |
Tokenized US Treasuries is a crypto carry fund White-label tokenization architecture |
USTB’s switch to Invesco Advisers as fund manager FundOS powers Coinbase Asset Management’s CUSHY stablecoin yield fund |
| T. Rowe Price – TKNZ | Baltimore, USA · NYSE: TROW | $1.7T–$1.8T platform AUM The ETF is awaiting approval |
Exchange Active crypto ETF 5-15 proper crypto assets |
TKNZ S-1 is listed on the active crypto ETF on NYSE Arca Anchorage Digital Bank is a crypto custodian |
About the List
The BeInCrypto Institutional 100 – Best Digital Asset Product (2026 Long List) lists so-called institutions that provide investors with access to digital assets. This group covers ETFs, ETPs, market funds, mutual funds, private equity and related funds, tokenized securities, and regional stocks.
Unlike product management groups, this list focuses on a single product. A company may be exposed to a single ETF, tokenized fund, treasury product, or integrated product suite that meets the listing threshold.
The way
The group is evaluated under Track A of the BeInCrypto Institutional 100 methodology: 50% data volume and 50% Expert Council scoring.
The analysis begins with AUM and volume, product structure, regulatory approvals, controls, access to token systems, fee structure, distribution channels, institutional holders, and token technology.
Data was verified using SEC EDGAR, ETF flow trackers, SFC, VARA, FCA, FINMA, BaFin, MAS, MiCA-CASP register, audited reports, Moody’s tokenized product ratings, S&P Global Ratings tokenized fund votes, KBRA/Kroll, PitchBook, Tracxn, and Crunchbase.
A note BeInCrypto Institutional Research: 15 Digital Asset Products Driving Crypto Investment appeared for the first time BeInCrypto.
