Tokenized RWAs Hit $30B Market Cap, Growing 4x in Two Years
Tokenized RWAs Hit $30B Market Cap, Growing 4x in Two Years
📈 RWAs hit $30B...
Tokenized real-world assets (RWAs) have reached a $30 billion market, representing nearly 4x growth over the past two years according to a16z's State of Crypto 2025 report.
Key market segments driving growth:
- Private credit dominates with $15.5B in active loans
- Tokenized Treasuries account for $7.4B, up 500% year-over-year
- Gold tokenization shows $2.1B in proven adoption
Ondo Finance has tokenized over $1.8 billion in RWAs, establishing itself as a major player in the space.
While the total RWA market appears large at $300B, 92% consists of stablecoins. Non-stablecoin RWAs represent just $25B - still only 0.01% of global financial assets despite 2x annual growth.
The sector faces real challenges:
- Most projects rely on trust assumptions they claim to eliminate
- Regulatory frameworks remain unclear for public tokenized securities
- Data and oracle infrastructure gaps persist
However, genuine adoption is concentrated in three proven categories: private credit offering 9.7% yields, programmable Treasury yields serving as DeFi collateral, and 24/7 tradeable gold.
RWAs are evolving into crypto's yield layer through reliable infrastructure rather than speculative tokenization of everything.
🏛️ Tokenization Goes Institutional
**Major institutions moved tokenization from pilot to production this week:** - **UK launches 54-firm taskforce** - BlackRock, Goldman Sachs, JPMorgan, and Morgan Stanley join HM Treasury initiative targeting £33B annual output by 2035 - **GENIUS Act framework complete** - Federal agencies finalized stablecoin rules covering capital, reserves, and redemption standards - **Tokenized RWA market nears $35B** - Nearly tripled year-over-year across treasuries, credit, and equities - **Ondo joins DTCC initiative** - First tokenized stocks based on DTC tokenized entitlements, alongside BlackRock and J.P. Morgan - **SBI Group partnership** - Ondo to tokenize Japanese assets with JPYSC stablecoin settlement From London to Washington to Tokyo, tokenization infrastructure is being built by the institutions that run traditional finance.
Ondo Finance Launches 24/7 Trading for Tokenized Stocks and ETFs
**Traditional market hours are becoming obsolete.** While Wall Street closes at 4 PM on Fridays, Ondo Finance now offers continuous trading access to major stocks and ETFs. **Key offerings:** - Six tokenized assets trading 24/7 on PancakeSwap (BNB Chain) - Available products: SPY (S&P 500), QQQ (Nasdaq 100), NVDA (Nvidia), TSLA (Tesla), GOOGL (Alphabet), and CRCL (Circle) - Trading continues through weekends and holidays **The shift:** Investors can now access major equity exposure outside traditional market hours, removing time constraints from stock trading.
Ondo Finance Partners with SBI Group to Tokenize Japanese Assets
Ondo Finance has partnered with SBI Group, a major Japanese financial institution, to tokenize Japanese assets and distribute them across SBI's ecosystem. **Key Details:** - Settlement will use the JPYSC stablecoin - SBI Group manages over $200 billion in assets - Partnership aims to connect Japan's capital markets to onchain finance Ondo CEO Ian De Bode noted that Japan represents one of the world's most sophisticated capital markets, with SBI at its center. SBI's CEO Yoshitaka Kitao recognized Ondo as a global leader in real-world asset tokenization. This follows SBI's 2025 partnership with Chainlink for similar tokenization initiatives. Full details: [ondo.finance/blog](https://ondo.finance/blog/ondo-partners-with-sbi-group)
Ondo Tokenized Stocks Now Indexed on RWA Inc
Ondo Finance's complete range of tokenized stocks is now available on RWA Inc's index platform. This follows Ondo's June integration with Uniswap, which brought their tokenized stocks and ETFs to one of the largest decentralized exchanges. The company continues expanding access to real-world assets through blockchain infrastructure. **Key Development:** - Full catalogue of Ondo's tokenized equities now searchable and trackable via RWA Inc - Builds on growing momentum for tokenized securities in decentralized finance The move represents another step in making traditional financial instruments accessible through onchain platforms.
Ondo Finance Discusses Tokenization Infrastructure at WebX Tokyo
**Ondo Finance is participating in WebX 2026 in Tokyo**, where representative Ian Debode will join SBI Onchain's Kefei Lin for a fireside chat focused on building next-generation financial infrastructure. **Key Discussion Points:** - Development of tokenized financial rails - Infrastructure for digital asset integration - Collaboration between traditional finance and blockchain technology The conversation builds on Ondo's ongoing dialogue with major financial institutions, following similar discussions at Sibos with Deutsche Bank, Société Générale-Forge, and Euroclear. *Further updates expected from the Tokyo event.*