In a significant validation of Solana’s capacity to handle high-volume Real World Assets (RWAs), InterNetX, a subsidiary of the European hosting giant IONOS Group, announced it will tokenize its massive domain inventory on the network. Partnering with D3 Global, the firm intends to bring approximately 50 million domains—comprising 22 million under management and 24 million from its Sedo aftermarket—on-chain. This move represents the first systemic bridge between the $350 billion legacy domain industry and decentralized finance, moving beyond niche Web3 naming services to encompass the standard .com and .ai namespace.

The technical backbone of this migration is the Doma Protocol, which allows traditional domains to function simultaneously within the legacy DNS system and as programmable assets on Solana. Unlike previous iterations of blockchain domains that often required new browser extensions or suffered from fragmentation, Doma is designed to wrap existing ICANN-accredited domains. This ensures that a tokenized domain retains its website resolution capabilities while gaining the composability of a Solana token.

For institutional investors and DeFi participants, the implication is the unlocking of a dormant asset class. Domains have long been compared to digital real estate, yet they have historically lacked liquidity and financial utility. By tokenizing these assets, InterNetX and D3 are enabling new primitives: premium domains can be fractionalized for investment, leased via smart contracts, or used as collateral for on-chain lending. A high-value asset like a three-letter .com could theoretically underwrite a loan on a Solana lending protocol, creating a new form of capital efficiency.

According to InterNetX CEO Elias Rendón Benger and D3 founder Fred Hsu, this infrastructure is currently in active development rather than a theoretical pilot. The integration is scheduled to go live on Solana early next year (2026), positioning the network as the primary ledger for the internet's addressing system. As RWAs continue to dominate the institutional narrative, the migration of critical internet infrastructure suggests a shift from tokenizing financial instruments to tokenizing the digital economy itself.