#RWA热潮 **RWA Boom: Tokenization of Real World Assets Reshapes the Future of Finance**

In 2025, the RWA (Real World Asset Tokenization) market is expected to experience explosive growth, with a total market value exceeding $25.4 billion, a year-on-year increase of over 260 times, making it one of the fastest-growing sectors in the Web3 space. The core driving forces include the on-chain migration of government bonds (34%) and private credit (58%), along with technological optimizations from public chains like Solana and Plume. Institutions are accelerating their entry, with firms like BlackRock and Franklin Templeton launching tokenized funds, while Hong Kong and Singapore compete for RWA hub status. At the same time, tokenization cases for non-financial assets (such as photovoltaic power stations and charging piles) are emerging, combining the Internet of Things and blockchain to enhance asset liquidity and transparency.

However, regulatory challenges remain, such as the lack of lender of last resort support for stablecoins and unresolved cross-border compliance issues. In the future, RWA may drive global asset digitalization into a trillion-dollar scale, reconstructing traditional financial infrastructure.