Crypto news

29.07.2026
20:05

The skull of a Triceratops on Solana: Jurassic Finance takes RWA beyond the ordinary

The market for tokenized real-world assets (RWA) continues to surprise. While we used to see stocks, bonds, and real estate in this segment, something fundamentally different is now being brought onto the Solana blockchain — a museum triceratops skull named Deaton. This specimen, preserved 60–65% by bone mass, will become the world's first tokenized dinosaur. The Jurassic Finance project has already launched a fundraising process for its acquisition.

The tokenization mechanics are built with legal precision. Jurassic Finance Labs finds and purchases authentic fossil specimens, then formalizes the transaction through a special purpose vehicle (SPV). A separate SPL token is issued on Solana for each item. The owner of such a token receives a full range of economic and legal rights, secured in an agreement with the SPV. Meanwhile, authentication, storage, and insurance remain off-chain, while the ownership record is recorded in an on-chain registry.

Deal Details and Market Reaction

Fundraising for Deaton began in July. The target amount is 660,000 USDC. Of this, 600,000 will be reserved in the seller's account, and 60,000 will go to the RAWR token treasury. The tokenized skull itself will be represented as 1 million tokens. The distribution is as follows: 95% of the tokens will be proportionally received by investors, with the remaining 5% going to the RAWR treasury.

Interestingly, against the backdrop of this news, the project's own token RAWR, issued in mid-May, showed impressive growth. Its price surged over 89% in the last 24 hours, indicating high demand for unique RWA stories.

General Trend: RWA on the Rise

The tokenized asset sector is experiencing a real boom. Over the past year (from June 2025 to June 2026), their total value has grown by 267% — and this is the only crypto sector to show positive dynamics during that period. According to RWA.xyz, Solana ranks third among blockchains in terms of tokenized asset volume, holding 9.74% of the market with a total value of $3.59 billion. The number of holders has increased by 6.28% over the last 30 days, reaching 312,309.

My conclusion: Tokenizing fossils is not just a marketing gimmick, but a logical expansion of RWA boundaries. We are seeing blockchain penetrate areas that previously seemed inaccessible to digitalization. Jurassic Finance demonstrates that the market is ready for such experiments, and RAWR is clear proof of that. However, investors should remember: behind the uniqueness of an asset always lies a complex legal and logistical infrastructure that requires careful analysis.