Tokenized RWA Market Cap Surpasses $20 Billion, Excluding Stablecoins
Securitize cites rwa.xyz data showing record RWA market growth, driven by tokenized U.S. Treasuries at $8.87B and BlackRock’s BUILD fund at $1.73B.
Summary
On January 12, Securitize reported using rwa.xyz data that the market capitalization of Real World Assets (RWAs) excluding stablecoins has reached a record $20 billion. Tokenized U.S. Treasuries accounted for $8.87 billion of this total, while BlackRock’s BUILD fund contributed $1.73 billion. These figures underscore the rapid expansion of tokenized asset markets led by major institutional products.
Terms & Concepts
- RWA (Real World Asset): A blockchain-based token representing tangible off-chain assets such as real estate, commodities, or financial instruments.
- Tokenized U.S. Treasuries: Digital tokens on a blockchain that represent ownership of U.S. government debt securities, enabling easier trading and fractional ownership.
- Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the U.S. dollar.