According to @julian2kwan, independent data team RWA.io verified $88.45 million in Total Value Locked on the IXS Finance settlement layer, with every dollar tracked across contracts, wallets, issuers, and market-makers; source: @julian2kwan on X, Dec 5, 2025, citing an RWA.io verification for @IxsFinance. He reports the verification addresses prior double-counting and fabricated metrics in RWA TVL reporting, delivering clean third-party confirmation for institutional users; source: @julian2kwan on X, Dec 5, 2025. Kwan adds that IXS has onboarded serious issuers, integrated battle-tested custody partners, and deepened liquidity over the past year such that institutions feel comfortable using the rails; source: @julian2kwan on X, Dec 5, 2025. He notes more third-party validators are in the pipeline and frames the $88.45M as a milestone rather than a peak, aligning with a longer-term build-out for large-scale tokenization; source: @julian2kwan on X, Dec 5, 2025. For traders, the key takeaway is that independently verified TVL on IXS improves reliability of RWA activity metrics used to assess on-chain flows and institutional readiness; source: @julian2kwan on X, Dec 5, 2025, citing RWA.io verification.