RWA Tokens Surge as Onchain Asset Value Hits New Heights
Cryptocurrencies linked to real-world asset (RWA) tokenization experienced an 11% increase this week, pushing the total market capitalization to nearly $76 billion, according to CoinMarketCap data. This marks a significant upward trend in a sector that has seen growing interest from financial institutions since the start of 2024.
Record Onchain Value Reflects Institutional Adoption
Concurrently, the total value of tokenized real-world assets on blockchain networks surpassed $29 billion for the first time, per data from RWA.xyz. This figure has nearly doubled since the beginning of the year, underlining rapid growth driven by institutional players entering the onchain asset space.
Tokenized private credit accounts for more than half of this value, with tokenized U.S. treasurys comprising roughly a quarter. The remainder includes tokenized commodities, alternative funds, equities, and bonds. When stablecoins are factored in, the aggregate value climbs to an all-time peak of $307 billion.
Ethereum and Layer-2 Networks Dominate RWA Tokenization
More than 75% of the total tokenized asset value is hosted on Ethereum and its Layer-2 scaling solutions, highlighting the platform’s central role in the RWA ecosystem. Leading projects supporting this movement include Chainlink (LINK), Avalanche (AVAX), and Ondo Finance (ONDO), the latter of which saw a 9% price increase on the day of reporting.
Crypto investor Ryan Sean Adams noted on social media that tokenization efforts are now being actively promoted by the U.S. government to modernize financial markets, with Wall Street and fintech firms increasingly incentivized to participate.
BlackRock’s Entry into Tokenized ETFs
Adding momentum to the sector, BlackRock—the world’s largest asset manager—is reportedly considering tokenizing its exchange-traded funds (ETFs) on blockchain platforms. This initiative follows the firm’s 2024 launch of the USD Institutional Digital Liquidity Fund (BUIDL), a tokenized money-market fund on Ethereum that currently manages approximately $2.2 billion in assets.
BlackRock CEO Larry Fink has previously emphasized that all financial assets can be tokenized, envisioning this technology as a means to democratize finance globally.
FinOracleAI — Market View
The recent surge in RWA tokens and the record onchain asset values indicate growing institutional confidence in blockchain-based tokenization. BlackRock’s exploration of tokenized ETFs further validates this trend, potentially accelerating adoption across traditional finance sectors. However, regulatory clarity and technological scalability remain key risks to monitor. Market participants should watch for further institutional announcements and onchain asset inflows to gauge sustained momentum.
Impact: positive
