to leave a comment.
▲ Tokenized assets, blockchain, RWA/AI generated image
The tokenized Real-World Asset (RWA) market has surged 17.4 times in three years, surpassing $46.7 billion.
According to Bitcoin.com on September 15 (local time), the on-chain RWA market size reached $46.7 billion. With funds spreading across credit, commodities, and stocks, no single issuer held more than 10% market share. Securitize was the largest with $4.6 billion, followed by Sky with $4.5 billion, and Ondo with $3.5 billion. The publication noted that a market structure not concentrated on specific operators is a sign of the expansion of the tokenization industry.
By asset type, the growth of credit and gold was prominent. Tokenized credit funds accounted for $6.4 billion, making up 13.8% of the total RWA value. Tokenized gold recorded an 11% share with $5.1 billion. Tether Gold held the largest proportion with $2.7 billion, and Paxos Gold was approximately $1.9 billion.
By blockchain, Ethereum (ETH) maintained its lead with $22.9 billion, holding a 49.1% share. However, recent growth has also been rapid on other networks. Solana (SOL) saw its RWA market cap increase by $263.3 million in the last 30 days, reaching $3.1 billion. Stellar (XLM) increased by $150.6 million, and Robinhood Chain by $148.9 million.
RWA has expanded beyond issuance to DeFi and secondary trading markets. Approximately $3.6 billion, or 7.8% of the total issued RWA value, was deposited into DeFi platforms. Decentralized exchange trading volume on September 12 reached $1.2 billion, approximately 2.7% of the total issued value. Tokenized stock trading also accelerated. While xStocks took 224 days and PreStocks 252 days to reach $1 billion in cumulative decentralized exchange trading volume, bStocks took only 35 days, and Robinhood 56 days.
Bitcoin.com highlighted that more than just the market size of $46.7 billion, RWA is transforming into a real on-chain financial market. As liquidity, collateral utilization, and secondary market trading expand, not only the issuance volume but also DeFi utilization and trading liquidity have emerged as key variables for future growth.
[Article Key Summary]
-The tokenized RWA market has expanded to $46.7 billion, growing 17.4 times in three years.
-Ethereum holds 49.1% of the total market with $22.9 billion, but Solana, XLM, and Robinhood Chain are also showing rapid growth.
-Approximately $3.6 billion of RWA has been deposited into DeFi, and the speed of tokenized stock trading on decentralized exchanges has significantly accelerated.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
Newsletter
Get key news delivered to your email every morning
to leave a comment.