Institutional Capital Drives RWA Market Past $24 Billion in 2025

- The tokenized real-world asset market surpasses $24 billion in value. - Institutional demand for tokenized private credit and U.S. Treasuries drives expansion. On June 26, 2025, Cryptopolitan reported that the tokenized real-world asset (RWA) market has reached a value of over $24 billion. According to the "RWA in On-Chain Finance Report: H1 2025 Market Overview," this significant growth was fueled by institutional demand for tokenized private credit and U.S. Treasuries, as investors sought these assets for their higher yields and improved liquidity. Private credit stands out as the largest market segment, contributing over $14 billion to the total value, with its average yields of 8-12% attracting institutional investors. In addition, tokenized U.S. Treasuries played a crucial role, accounting for approximately $7.5 billion and reinforcing the market's expansion. BlackRock’s BUIDL fund leads the charge in adopting RWAs, with a total value locked (TVL) of $2.864 billion as of June 26. Other prominent players include Apollo and Securitize, whose ACRED fund utilizes Securitize’s platform to provide institutional investors with yield-bearing products that comply with decentralized finance (DeFi) protocols. Technological advancements have also underpinned the rapid expansion of RWAs by addressing the sector’s unique needs. For example, oracle providers like RedStone and Chainlink developed specialized pricing tools that rely on periodic Net Asset Value (NAV) updates instead of high-frequency price tracking. Furthermore, permissioned DeFi networks and sector-specific blockchains, such as the Canton Network, enhance compliance and accessibility, which helps draw more institutional participants into the market. As of 19:09 UTC on June 26, market data reflected activity across related blockchain-based financial products, underscoring enduring institutional interest in the broader market. For instance, the RWA-focused token Ondo (ONDO) traded at $0.735, down 3.86%, while the gold-backed Tether Gold (XAUt) was priced at $3,335.243, up 0.12%. In the wider digital asset space, Ethena USDe (USDe) held its peg at $1, The Graph (GRT) traded at $0.079, and Ethena (ENA) was at $0.248. Meanwhile, Optimism (OP) was trading at $0.529, illustrating varied performance across different sectors.