Cryptocurrency market analysis channel Unfolded cited RWA.xyz, a real-world asset (RWA) tokenization data platform, stating, "As of the 7th, the volume of on-chain tokenized traditional assets, excluding stablecoins, has surpassed $35 billion. This is an approximately three-fold increase compared to one year before the passage of the U.S. Genius Act," it reported. Unfolded added, "U.S. government bonds are leading the growth of the tokenized traditional asset market, and the growth trend has accelerated since mid-2025."
