SEC eases difficulties, RWA market breaks through to a new peak of $23 billion.
In the first half of 2025, the tokenization of real-world assets (RWA) has witnessed explosive growth, becoming a bright spot in the global financial landscape. Increased regulatory clarity is seen as the main driver of the widespread adoption of blockchain-based financial products, ushering in a new era for the digital asset market.
Tokenization of RWA refers to the process of converting financial assets and tangible assets such as real estate, credit, bonds, etc., into digital tokens recorded on an immutable blockchain ledger. This not only enhances transparency and security but also expands market access for investors globally. As a result, previously hard-to-trade assets or those with significant legal barriers can now be bought and transferred more easily and flexibly than ever.
The RWA market is experiencing strong growth.
According to a report by Binance Research, the total market value of RWA has increased by over 260% in the first 6 months of 2025, surpassing $23 billion, compared to $8.6 billion at the beginning of the year. This is an astonishing growth rate, reflecting strong interest from investors and large financial institutions.
Among them, the tokenized private credit segment dominates with a 58% market share, while tokenized U.S. Treasury bonds account for 34%. This shows the diversification in types of digitized real assets and the trust in traditional financial products as they are integrated with blockchain technology.
Clear regulations - the key to driving growth.
One of the key factors contributing to the boom of the RWA market is transparency and stability in the regulatory framework. Although RWA does not yet have a specialized regulatory framework, being classified as securities by the U.S. Securities and Exchange Commission (SEC) has provided the market with a clearer direction.
On May 29, the SEC issued new guidelines on cryptocurrency staking - an important step marking efforts to create 'more reasonable regulations' for this sector. According to Alison Mangiero, head of staking policy at the Cryptocurrency Innovation Council, this is a major victory for the industry.
In addition, the anticipation of the Senate's full vote on the U.S. Stablecoin Innovation and Establishment Act (GENIUS) also promises to create more transparent and favorable regulations, especially in the area of stablecoin collateral.
Bitcoin and the FOMO mentality of businesses.
Not only RWA, but the crypto market in general is also witnessing notable transformations. Bitcoin, with its status as the leading digital currency, is becoming a safer investment choice and is increasingly attracting the attention of large businesses. Data from BitcoinTreasuries.NET shows that there are currently at least 124 public companies holding Bitcoin in their treasuries as part of their asset diversification strategy.
According to a spokesperson from Binance Research, although crypto market activity may slow down in the summer, macroeconomic factors and legal policies will continue to be decisive factors in the speed of Bitcoin adoption in businesses. This is not only aimed at diversifying assets but also at supporting capital raising and more efficient balance sheet management.
The strong development of the real asset tokenization market in the first half of 2025 marks an important step forward for DeFi and blockchain technology. As regulatory frameworks become clearer, this industry promises to attract more investors and large businesses, while creating diverse, safer, and more transparent investment opportunities.
Not only limited to RWA, the combination of blockchain and new technologies like artificial intelligence is also opening up many new potentials for the financial market in the near future. This is the foundation for building a modern, sustainable, and more comprehensive financial ecosystem for the digital world.