#RWA (Real-World Assets) are no longer just a narrative. They're becoming the backbone of the crypto ecosystem. According to Binance's 2025 report, the market value of tokenized RWAs has surpassed $20 billion, driven by the tokenization of U.S. Treasuries and increased institutional participation.
Key RWA Categories and Notable Projects
Credit Platforms
$CFG (Centrifuge): Facilitates financing for small and medium-sized enterprises by tokenizing real-world assets.
$CPOOL (Clearpool): Offers unsecured institutional lending in a decentralized manner.
$GFI (Goldfinch): Provides decentralized credit protocols for real-world lending.
Blockchain Networks
$PLUME: Integrates private credit, bonds, and tokenized real estate assets.
$FX (Function X): Supports decentralized internet infrastructure.
$POLYX (Polymesh): Tailored for regulated assets and security tokens.
Treasury and Financial Products
$ONDO (Ondo Finance): Bridges traditional finance with blockchain, offering tokenized U.S. Treasuries.
$MONEY: Represents a stablecoin used for various financial transactions.
$STBT: Tokenizes short-term treasury bills for on-chain accessibility.
Real Estate Tokenization
$PROPY: Enables real estate transactions via blockchain technology.
$TWN: Focuses on tokenizing real estate assets for broader investment access.
Marketplaces and Yield Platforms
$PENDLE: Allows trading of future yield on tokenized assets.
$TOKE: Provides infrastructure for managing and distributing tokenized assets.
Compliance and Regulation
$ASTRA: Offers compliance solutions for decentralized finance applications.
$VTX: Focuses on regulatory compliance within the tokenized asset space.
The rapid growth in tokenized U.S. Treasuries, now exceeding $2.2 billion in market value, underscores the increasing appeal of RWAs in the current economic climate .