According to PANews, the real assets (RWA) market has reached a new peak with a total market capitalization of $14 billion. This growth is mainly due to tokenized private lending and tokenized government bonds, which hold market shares of $9.5 billion and $3 billion respectively. Together, these sectors account for 89% of the entire RWA market on the network.
Since the beginning of 2024, the RWA market has expanded by 66%, indicating growing interest from institutional investors. This expansion is supported by traditional entities and their willingness to tokenize assets through companies like Securitize.
Private lending dominates the market valuation, with Figure accounting for 93% of the private lending market. American institutions are increasing their influence in this sector, and the tokenized government bond funds from BlackRock and Franklin Templeton, BUIDL and FOBXX, make up nearly 35% of the total market valuation of tokenized government bonds.