A Sygnum Singapore report points to broad adoption of tokenized real-world assets among surveyed investors in Asia-Pacific, with 68% already holding them and another 12% evaluating exposure. The sample, split almost evenly between high-net-worth individuals and professional investors across Singapore, Hong Kong and South Korea, suggests tokenized RWAs are moving from a niche idea to an active portfolio allocation despite still-limited access to fully regulated tokenized securities in hubs such as Singapore and Hong Kong. Sygnum said some respondents may be counting stablecoins alongside tokenized gold and money market funds as part of their RWA exposure. Crypto ownership appears closely linked to adoption: 97% of investors already holding tokenized RWAs also hold crypto, and 80% of crypto holders overall have moved into tokenized assets, versus 11% among those without crypto. Tokenized equities were the most preferred asset class at 66%, ahead of tokenized treasuries at 44%, while professional investors leaned toward tokenized private equity and high-net-worth individuals favored private credit. Diversification was the main investment rationale at 72%, ahead of access to new markets at 58% and yield at 57%. The report also found that new money is a major source of inflows, with 36% of investors using fresh capital and 46% using a mix of fresh capital and portfolio reallocation. Professional investors preferred third-party qualified custodians, while high-net-worth individuals showed more openness to exchange or platform custody. Sygnum said investors remain bullish on tokenization, with 55% expecting at least 15% of capital markets to move on-chain within three to five years, though secondary-market liquidity and legal clarity around ownership rights remain the main barriers to further growth.