According to CoinDesk, data from RWA.xyz shows that the on-chain RWA market size, excluding stablecoins, has surpassed $25 billion, nearly quadrupling from approximately $6.4 billion a year ago. Six asset classes—U.S. Treasuries, commodities, private credit, institutional alternative funds, corporate bonds, and non-U.S. government bonds—have all surpassed the $1 billion threshold. Over the past year, asset managers such as BlackRock, Fidelity, and WisdomTree have相继 launched tokenized fund products, increasing the number of tokenized U.S. Treasury products from 35 to over 50.
On-chain RWA market surpasses $25 billion, growing nearly fourfold in one year
TechFlowShare
Summary
On-chain news: The real-world assets (RWA) market has surpassed $25 billion, nearly quadrupling from $6.4 billion a year ago, according to RWA.xyz. Six major categories—including U.S. Treasuries, commodities, and private credit—all exceed $1 billion. BlackRock, Fidelity, and WisdomTree have launched tokenized products, with the number of U.S. Treasury token offerings increasing from 35 to over 50 in the past year.
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