Tokenized RWA market projected to reach $400 billion by 2030, surpassing 1,000% growth

ChainCatcher report: On April 9, market maker Keyrock and tokenization platform Securitize released a joint report predicting that the decentralized RWA market, enabling free on-chain transfer, will grow from its current $29 billion to $400 billion by 2030 under a base scenario—an increase of over 1,000%. The broader blockchain-tracked RWA market is projected to reach $5 trillion over the same period. The report covers five asset classes: government bonds, private credit, equities, commodities, and alternative funds. Among these, RWA perpetual contracts are the fastest-growing on-chain channel, with trading volume increasing 40-fold in six months to an average of $67 billion per month, rising from 0.1% to 10.1% of total on-chain derivatives volume, and expected to reach 50% of total on-chain derivatives by 2028. The report also notes that since mid-2024, tokenized government bond yields have exceeded DeFi benchmark stablecoin lending rates on 64% of days, reaching 98% in the first quarter of 2026. Currently, tokenized RWAs account for less than 0.1% of the global $4 quadrillion tokenizable market.