📊 Binance Research: RWA Market Cap to Reach $12B in 2024
According to the report , the total market capitalization of tokenized real-world assets (RWA) reached $12 billion in 2024, effectively doubling the 2023 value and reaching an all-time high. This growth, according to experts, is largely due to tokenized US Treasury bonds from issuers BlackRock and Franklin Templeton.
Much of this comes from private loans, tokenized bonds, commodities, stocks, and real estate. Among the new trends, the organization noted air rights, carbon credits, and works of art.
One of the largest sectors of this market is tokenized US Treasury bonds, which have grown in value from $769 million at the start of 2024 to $2.2 billion as of September, according to the report.
Binance Research experts have identified several technical risks inherent in this market:
- the main problem is centralization ;
- dependence on third parties;
- relatively low profitability;
- high demand for oracles;
- privacy issues and the regulatory status of these products.
