The RWA track is favored by institutions, with a market size exceeding 8 billion USD
The tokenization track of Real World Assets (RWA) has recently experienced explosive growth, with the overall market size surpassing 8 billion USD. BlackRock's USD market fund tokenization scale exceeds 500 million USD, and Ondo Finance's OUSG product scale has surpassed 250 million. Traditional financial institutions are accelerating their layout, with Citibank launching a tokenization services department and JPMorgan completing its first blockchain-based real-time repurchase transaction. Notable projects include: Maple Finance (corporate credit), RealT (real estate), and Toucan (carbon credits). However, regulatory risks still exist, as the US SEC has recently intensified its scrutiny of security tokens, with multiple projects receiving inquiry letters.