Binance Research released a report stating that the tokenization of real-world assets (RWA) continues to be popular, with user adoption increasing and attracting the participation of large institutions.

The tokenized Treasury market has grown as decentralized finance (DeFi) yields are relatively low and interest rates are rising. Currently, investors have lent more than $600 million to the U.S. government through the tokenized Treasury market and received an annualized yield of about 4.2%.

The tokenized asset market is expected to reach $16 trillion by 2030, a significant increase from $310 billion in 2022, which means there is still huge room for growth.

It is worth mentioning that many protocols have integrated real assets or actively participated in their growth. Protocols such as MakerDAO, Maple Finance, and Ondo Finance are briefly mentioned in the report.