RWA Tokens Surge as Onchain Value Reaches New Heights
- The market cap for real-world asset (RWA) tokens increased by approximately 11%, reaching nearly $76 billion this week.
- Total onchain value of tokenized assets surpassed $29 billion for the first time, nearly doubling since the start of the year.
- Over half of the tokenized assets are private credit, with around a quarter being US treasurys.
- Including stablecoins, total onchain value reaches a record $307 billion, primarily on Ethereum and layer-2 networks.
- BlackRock is exploring tokenizing its ETFs after launching a successful tokenized money-market fund with $2.2 billion in assets.
The rapid growth in RWA tokens reflects increasing institutional interest and regulatory support for blockchain-based financial products, particularly in the U.S. market.
With RWA token market cap hitting nearly $76 billion and total onchain value reaching $307 billion, the trend indicates significant momentum in asset tokenization efforts.(Source)