According to PANews on December 18, as reported by The Defiant, the real-world asset (RWA) market continues to grow, currently reaching a historic high total market capitalization of $14 billion. Tokenized private credit and tokenized treasury bonds are the two largest segments in this market, accounting for $9.5 billion and $3 billion market shares, respectively, totaling 89% of the entire on-chain RWA space.
Since the beginning of 2024, the RWA market size has grown by 66%, indicating strong interest from institutional investors. This market relies on the support of traditional entities and their willingness to tokenize assets through companies like Securitize.
Private credit accounts for the vast majority of 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 treasury funds BUIDL and FOBXX accounting for nearly 35% of the total valuation of the tokenized treasury market.
