5 Tokens with Best Fundamentals
The convergence of Web2 infrastructure and Web3 innovations is already underway: a growing number of companies are issuing digital assets backed by real-world financial products or traditional infrastructure. Below are five tokens that stand out for their potential to serve as bridges between the legacy financial world and decentralized finance.
1. PayPal USD (PYUSD): a compliance-first stablecoin with global potential
PayPal USD was launched by Paxos in collaboration with PayPal, integrating the stablecoin into one of the most widely used digital payment ecosystems globally. As of Q2 2025, PayPal reported 438 million active users and a total payment volume of $443.5 billion. PYUSD is currently circulating mainly within the U.S. and Canada, but its regulatory compliance and backing by PayPal’s scale give it a global trajectory.
PYUSD is part of a broader stable asset strategy from Paxos, which also includes Pax Dollar (USDP) and Pax Gold (PAXG). These assets offer simplified onramps for both retail and institutional investors to access blockchain-based financial instruments, with the security and trust associated with a regulated issuer. With the recent enactment of the Genius Act, expanding digital asset regulation internationally, broader institutional adoption is expected.
2. MultiBank token (MBG): where institutional-grade trading meets on-chain finance
MultiBank token (MBG): MBG: Gateway from TradFi to tokenization
MultiBank Group combines traditional financial infrastructure with Web3 functionality, providing a secure and regulated gateway for digital asset trading.
The MultiBank utility token ($MBG) plays a central role in the company’s on-chain ecosystem, granting holders fee discounts, staking rewards, and preferential access to RWAs designed for financial institutions, while supporting stablecoins, tokenized assets, and compliant DeFi applications.
Unlike purely crypto-native platforms, MultiBank’s setup is tailored for entities that require full legal compliance, audited operations, and institutional custody standards. Backed by a brokerage serving 2 million+ users, this hybrid framework turns $MBG into a bridge linking traditional markets to Web3.
3. Robinhood token: asset-pegged access to public equities
Robinhood’s token offering is a tokenized version of publicly traded stocks and ETFs managed by the platform. These assets derive value directly from the real-world securities they represent. As of Q2 2025, Robinhood reported a 45% year-over-year revenue increase.
The token structure provides both liquidity and 24/7 trading capabilities – two features not typically available in traditional equity markets. While regulatory constraints still limit broader adoption, the product’s architecture appeals to users who seek seamless access to equity markets via blockchain.
Robinhood’s expansion into tokenized assets reflects a growing interest in hybrid investment instruments. Their model allows fractional ownership, near-instant settlement, and integration with other Web3 platforms. This positions the Robinhood token as a pragmatic tool in the convergence of regulated finance and decentralized markets.
4. ONDO token: infrastructure for tokenized securities
ONDO, the native token of Ondo Finance, supports a comprehensive protocol focused on tokenizing real-world assets for DeFi applications. The company has developed the Flux protocol, which enables the use of tokenized securities, including U.S. Treasuries, as collateral within decentralized finance.
The most popular product in the Ondo ecosystem is tokenized U.S. Treasuries (OUSG), a low-risk instrument that mirrors traditional bond exposure. In addition, Ondo supports other wrapped real-world assets and has integrated with multiple blockchain networks to support cross-chain liquidity and settlement.
ONDO functions as a governance token and utility asset within the ecosystem, facilitating protocol upgrades, liquidity incentives, and service fees. The company’s architecture supports institutional use cases while remaining accessible to Web3-native developers and platforms. Its appeal lies in the ability to transform traditionally illiquid or restricted assets into composable digital tokens.
5. SNX token: synthetic asset infrastructure for fiat and more
Synthetix is a protocol designed to create synthetic assets that track the price of real-world instruments, including fiat currencies, commodities, indices, and equities. The SNX token is used for staking, collateralization, and protocol governance. This allows users to mint synthetic assets (Synths) that reflect real-world value without holding the underlying asset.
One key differentiator is the inclusion of synthetic fiat as a product, enabling access to major currencies like USD or EUR on-chain, without relying on centralized stablecoin issuers. Synthetix provides exposure to non-crypto markets while maintaining the composability and permissionless nature of decentralized protocols.
While the protocol is mostly used in DeFi-native environments today, the infrastructure could serve broader institutional needs in the future, particularly as synthetic liquidity products become more accepted in regulated frameworks.
Bridging two worlds: the path forward for hybrid finance
These five tokens represent different approaches to bridging Web2 and Web3. Whether it’s through regulated stablecoins, tokenized equities, or synthetic fiat assets, the underlying trend is clear: the future of finance lies at the intersection of traditional institutions and blockchain technology.
Projects like MultiBank and ONDO are building compliant, scalable infrastructure, while companies like PayPal and Robinhood are expanding existing platforms into decentralized territory. As regulation continues to evolve, the success of these tokens will depend not only on technology, but also on trust, compliance, and real-world utility.