Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth

RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth

CointribuneCointribune2025/10/21 02:54
By:Cointribune
Summarize this article with:
ChatGPT Perplexity Grok

The tokenized real-world asset (RWA) market continues its strong momentum, edging close to the $35 billion milestone as institutional products, Treasuries, and gold-backed tokens drive on-chain adoption. Recent data from rwa.xyz shows the total RWA value reaching $34.14 billion, marking a 10.58% rise over the past 30 days and signaling growing investor confidence in blockchain-based real-world exposure.

RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 0 RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 1

In brief

  • RWA market grows 10.58% to $34.14B, reflecting rising investor trust in blockchain-based assets.
  • Ethereum leads with 58% of RWA value as Arbitrum posts 122% monthly gains, signaling multichain expansion.
  • Tokenized Treasuries and gold-backed assets record strong double-digit growth amid global yield demand.
  • Institutional players such as Franklin Templeton, Ondo, and Fidelity drive RWA innovation and market depth.

RWA Participation Expands as Tokenized Assets Attract Broader Investor Base

RWA tokenization enables the representation and trading of off-chain financial instruments, including U.S. Treasuries, commodities, institutional funds, and private credit, on public blockchains. The appeal lies in 24/7 market access, faster settlement times, and composability with decentralized applications, enabling more efficient and global liquidity flows.

RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 2 RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 3

According to rwa.xyz, RWA participation continues to deepen as the number of asset holders climbed 6.71% over the past month to 489,037. At the same time, the total number of active issuers reached 225.

Ethereum Dominates with 58% Share as Arbitrum Leads Monthly Gains

Among public blockchains, Ethereum remains the primary hub for tokenized assets, with a total value of $12.48 billion. This figure represents a 20.73% increase over the past month and a 58.24% market share.

Here’s how other chains performed:

  • zkSync Era holds second place with $2.37 billion in tokenized assets, marking a 2.46% decline and representing 11.04% of total market share.
  • Polygon follows in third with $1.14 billion, down 3.74% over the month and capturing 5.31% of the overall market.
  • Arbitrum posted a remarkable 122.3% surge, climbing to $874 million and securing 4.08% of the RWA market—its strongest monthly performance to date.
  • Avalanche remained steady with $745.7 million, showing only a 0.56% dip, while Aptos edged slightly higher by 0.19% to $724.8 million.
  • Solana advanced 5.04% to $695.9 million, supported by growing tokenization activity and increased DeFi integrations.
  • Stellar, BNB Chain, and XRP Ledger rounded out the top performers, recording gains of 23.28%, 14.99%, and 3.45%, respectively.

The distribution underscores Ethereum’s continued dominance, even as emerging layer-1 and layer-2 platforms steadily gain traction.

Tokenized Treasuries and Gold Assets Post Double-Digit Growth

Treasury-backed RWAs remain the largest segment of the market, driven by institutional demand for yield and stability.

Performance-wise, here’s how key products fared:

  • Franklin Templeton’s BENJI Fund advanced 16.10% over the past month, bringing its total on-chain value to $849.43 million.
  • Ondo’s Short-Term U.S. Government Bond Fund (OUSG) climbed 8.41% to $792.12 million.
  • Ondo’s U.S. Dollar Yield (USDY) remained largely unchanged at $657.72 million.
  • Circle’s USYC recorded an 8.00% increase, lifting its total value to $623.28 million amid deepening institutional adoption.
  • Superstate Short-Term U.S. Treasuries (USTB) delivered a standout performance, soaring 79.92% in 30 days to $510.54 million.
  • Fidelity’s Digital Intermediate Treasuries (FDIT) rose 9.21%, while Janus Henderson’s JTRSY declined 14.51% to $295.20 million.
RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 4 RWA Market Nears $35B Milestone as Tokenized Treasuries and Institutional Adoption Accelerate Growth image 5

Commodity-backed RWAs, led by gold tokens , also saw strong monthly gains. Tether Gold (XAUT) surged 84.15% to $1.66 billion, while Paxos Gold (PAXG) rose 28.83% to $1.36 billion. These assets continue to attract investors seeking an inflation hedge and a blockchain-based store of value.

JSOY OIL remained relatively stable at $313.34 million, while government and sovereign-related products posted mixed results. China AMC USD (CUMIU) held at $503.10 million, and Spiko EU T-Bills (EUTBL) saw a slight decline to $324.58 million.

RWA Market Structure Strengthens with Clear Custody and Issuance Frameworks

In the institutional category, Janus Henderson AAA (JAAA) rose 23.27% to $969.46 million, while Blockchain Capital (BCAP) increased 11.49% to $404.96 million. Superstate Crypto Cash (USCC) grew 10.81% to $253.64 million, with Legion Strategies (LS) holding steady at $217.93 million.

Equity and private-market tokens showed mixed performance. Exodus Movement EXODB fell 12.77% for the week but remained flat for the month at $480.97 million, while EXOD declined 14.80% to $223.37 million. Despite short-term volatility, these instruments illustrate the growing reach of tokenized private and equity assets.

The RWA market structure remains steady and transparent, with issuers packaging familiar, yield-bearing assets into blockchain-based tokens. Custodians manage the underlying off-chain collateral, while blockchain protocols facilitate both issuance and secondary-market trading—forming a robust foundation for institutional-scale adoption.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ZK Atlas Upgrade: Accelerating Blockchain Expansion and Driving Institutional Integration

- ZKsync’s ZK Atlas Upgrade enhances blockchain scalability and cost efficiency via zero-knowledge proofs and modular architecture. - Institutions like Deutsche Bank and UBS adopt ZKsync for real-world asset tokenization and cross-chain settlements with sub-second finality. - ZK token value surged 50% post-upgrade, driven by deflationary tokenomics, $15B Bitcoin ETF inflows, and $28B TVL growth in institutional activity. - Analysts project 60.7% CAGR for ZK Layer-2 solutions through 2031, but risks include

Bitget-RWA2025/11/30 18:54
ZK Atlas Upgrade: Accelerating Blockchain Expansion and Driving Institutional Integration

Bitcoin News Today: Bitcoin Faces $86.8K Turning Point as Bulls and Bears Clash in Intense Price Battle

- Bitcoin remains in bearish consolidation near $86,800, with key support/resistance levels determining its near-term direction amid a 30% decline from its October peak. - Technical indicators and on-chain data highlight a potential lower high pattern, LTH selling pressure, and downward-trending moving averages reinforcing bearish momentum. - Spot ETF inflows offer limited bullish hope, but RSI divergence and EMA crossovers suggest the recent rebound lacks sustained reversal strength. - Traders focus on $8

Bitget-RWA2025/11/30 18:40
Bitcoin News Today: Bitcoin Faces $86.8K Turning Point as Bulls and Bears Clash in Intense Price Battle

XRP News Today: XRP ETF Investments Rise While Derivatives Withdrawals Highlight Market Vulnerability

- XRP's 30% overnight drop triggered $1.14M in liquidations as ETF inflows collided with whale-driven selling pressures post-ETF launch. - Despite $164M in ETF assets, XRP trades 40% below its annual peak with technical indicators showing bearish patterns and a 20/100 CryptoQuant Bull Score. - Binance's 2.55 long-to-short ratio and uneven exchange liquidity exacerbated volatility, with RLUSD's $3.5B 30-day volume signaling ecosystem growth. - Analysts debate $2.60 potential from oversold RSI versus $2.00 r

Bitget-RWA2025/11/30 18:40
XRP News Today: XRP ETF Investments Rise While Derivatives Withdrawals Highlight Market Vulnerability