Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoinโs decline below $100,000.๐๐
RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets.๐๐
Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset holders, excluding the value of stablecoins, according to data from RWA.๐๐
Tokenized private credit was the largest onchain asset, worth over $11.9 billion and accounting for 69% of the RWA industryโs total $17 billion, while tokenized United States Treasury debt accounted for $3.5 billion.๐๐
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