RWA tokenized assets drop to $34.67B, with Figure HELOC token leading at $20.1B

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On-chain data shows that RWA tokenized assets declined to $34.67 billion by July 23, 2026, down from $35.2 billion on July 10. Tokenized U.S. treasuries lead at $15.86 billion, with Circle’s USYC at $2.96 billion. Tokenized stocks and ETFs rose 15.1% to $1.86 billion over 30 days, while tokenized credit increased 2.87% to $6.93 billion. Figure’s HELOC Token, built on Provenance, leads the RWA market with a value of $20.1 billion. Altcoins to watch include USYC and HELOC as RWA adoption evolves.

Odaily Planet Daily report: The total value of RWA tokenized assets this week stands at $34.67 billion, below the peak of $35.2 billion set on July 10, 2026. Tokenized U.S. Treasuries remain the largest category, with a distributed value of $15.86 billion, up 2.23% over the past 30 days, and a 7-day average yield of 3.30%.

Circle’s USYC leads the tokenized U.S. Treasuries category at $2.96 billion, followed by BlackRock’s BUIDL at $2.52 billion and Ondo’s USDY at $2.16 billion. By network, Ethereum hosts $7.1 billion in tokenized Treasury value, BNB Chain at $4.7 billion, and Stellar at $1.2 billion.

The tokenized stocks and ETFs saw a 15.10% increase in 30-day distribution value to $1.86 billion, with the number of holders rising 75.71% to 671,490. The distribution value of tokenized commodities stood at $4.48 billion, down 3.88% over 30 days; the distribution value of tokenized real estate was $202.63 million.

The tokenized credit distribution value is $6.93 billion, up 2.87% over 30 days, representing a total value of $35.75 billion. Figure’s HELOC Token, built on Provenance, represents $20.1 billion and ranks first in the entire RWA market; Bridgetower’s DOM X Arizona Copper-Gold Project ranks second at $11.06 billion.

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