The market size of tokenized RWA has reached a historic high of $14 billion, growing 66% since the beginning of the year

【The market size of tokenized RWA has reached a historic high of $14 billion, growing 66% since the beginning of the year】Jinse Finance reports, according to The Defiant, that the real-world asset (RWA) market continues to grow, with a total market value reaching a historic high of $14 billion. Tokenized private credit and tokenized government bonds are the two largest segments within this market, accounting for $9.5 billion and $3 billion in market share, respectively, together making up 89% of the entire on-chain RWA sector. Since the beginning of 2024, the RWA market size has grown by 66%, indicating strong interest from institutional investors. This market relies on support from traditional entities and their willingness to tokenize assets through companies like Securitize. Private credit dominates the market valuation, with Figure holding 93% of the private credit market. U.S. institutions are expanding their influence in this market segment, with BlackRock and Franklin Templeton's tokenized government bond funds BUIDL and FOBXX accounting for nearly 35% of the total valuation of the tokenized government bond market.