RWAs has been gaining momentum and you may want to pay attention to detail a lil bit…
There is now roughly $39B worth of traditional assets onchain, excluding stablecoins.
Tokenized Treasuries still dominate at $15.86B, but equities are catching up quickly. There are already 5,743 tokenized stocks and ETFs, generating $13.31B in monthly transfer volume, with 3.17M holders, up 174% in just 30 days.
The interesting part is how fragmented this market is becoming.
$ONDO leads tokenized stocks with $850M, followed by bstocksfinance at $643M and xStocksFi at $628M.
And the assets aren't sitting on one chain either.
$ETH currently accounts for $17.5B in RWA value, $BNB Chain has $5.6B, and $SOL has $4.4B. Even Robinhood has already reached $144M in tokenized equities.
But I think the $39B figure is only the beginning.
Putting a Treasury or stock onchain is useful, but the bigger picture is what happens after tokenization.
> Can that asset become collateral?
> Can you borrow against it?
> Can it earn yield inside DeFi?
> Can it settle globally at any hour without waiting for traditional market infrastructure?
That’s what makes RWAs much more interesting.
We’re moving from simply putting traditional assets onchain to making those assets usable as onchain financial primitives.
There is now roughly $39B worth of traditional assets onchain, excluding stablecoins.
Tokenized Treasuries still dominate at $15.86B, but equities are catching up quickly. There are already 5,743 tokenized stocks and ETFs, generating $13.31B in monthly transfer volume, with 3.17M holders, up 174% in just 30 days.
The interesting part is how fragmented this market is becoming.
$ONDO leads tokenized stocks with $850M, followed by bstocksfinance at $643M and xStocksFi at $628M.
And the assets aren't sitting on one chain either.
$ETH currently accounts for $17.5B in RWA value, $BNB Chain has $5.6B, and $SOL has $4.4B. Even Robinhood has already reached $144M in tokenized equities.
But I think the $39B figure is only the beginning.
Putting a Treasury or stock onchain is useful, but the bigger picture is what happens after tokenization.
> Can that asset become collateral?
> Can you borrow against it?
> Can it earn yield inside DeFi?
> Can it settle globally at any hour without waiting for traditional market infrastructure?
That’s what makes RWAs much more interesting.
We’re moving from simply putting traditional assets onchain to making those assets usable as onchain financial primitives.
