According to PANews, the total market value of the real world asset (RWA) market reached $14 billion, a record high. Tokenized private credit and tokenized treasury bonds accounted for $9.5 billion and $3 billion respectively, accounting for a total of 89%.
The RWA market has grown 66% since the beginning of 2024, demonstrating the interest of institutional investors. The market relies on traditional physical backing and asset tokenization through companies such as Securitize.
Figure holds 93% of the private credit market, while US institutions such as BlackRock and Franklin Templeton hold nearly 35% of the tokenized Treasury market by valuation.