Tokenization is an unstoppable trend.

Total RWA value onchain is up only and stands at >$22.7B.

Detailed Breakdown:

→ Private Credit - $13.2B

→ US Treasury Debt - $7B

→ Commodities - $1.4B

→ Institutional Alternative Funds - $0.5B

→ Stocks - $0.37B

→ Non-US Government Debt - $0.22B

→ Corporate Bonds - $0.015B

Note that this excludes $233B in stablecoins.