RWA market cap reaches $305.79 billion, tokenized stocks rise to $5.5 billion

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As of June 9, 2026 (UTC+8), RWA market news shows the real-world assets (RWA) market cap reaching $305.79 billion. Tokenized stocks surged to $5.5 billion, driven by the SpaceX IPO. Stablecoins remain dominant at $294.77 billion. Commodities and asset-backed credit followed at $54.08 billion and $20.38 billion, respectively. The FCA is evaluating rules that would permit authorized funds to hold up to 10% in crypto ETNs. Morgan Stanley and Galaxy Digital are collaborating on converting crypto assets into ETPs.

ME News report, June 9 (UTC+8), according to CoinFound data:

Stablecoins, $294.768 billion

Commodities, $5.408 billion

Asset-backed credit, $2.038 billion

Tokenized stocks, $1.709 billion

U.S. Treasury bonds, $1.645 billion

Featured Finance, $204 million

Multi-currency credit, $0.12 billion

Corporate credit, $0.01 billion

Non-U.S. government bonds, $0.01 billion

Market dynamics:

  • Tokenized stocks have reached a market cap of $5.5 billion, driven by SpaceX's IPO
  • The UK FCA proposes to allow authorized funds to hold up to 10% in crypto ETNs.
  • Morgan Stanley partners with Galaxy Digital to convert crypto assets into ETPs

Summary

Traditional financial assets such as tokenized stocks, pre-IPO equity, and ETPs are rapidly being brought on-chain, with the RWA narrative expanding from government bonds and funds to a broader range of capital market assets for trading and circulation.(Source: CoinFound)



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