The RWA Foundation estimates that tokenized real-world assets were worth around $39 billion as of October 9, up approximately 81% since the start of the year. According to NS3.AI, these figures measure the value of comparable distributed assets and exclude stablecoins.
Stellar accounted for around 38% of the increase, while BNB Chain contributed a further 24%. Growth in tokenized assets on Stellar does not automatically lead to an appreciation in XLM. According to Token Terminal, trading volume for tokenized assets on decentralized exchanges fell by around 50% over the past 30 days, and the RWA.xyz dashboard shows that BlackRock's BUIDL Institutional Digital Dollar Liquidity Fund saw outflows of more than $600 million over the same period.
Stellar accounted for around 38% of the increase, while BNB Chain contributed a further 24%. Growth in tokenized assets on Stellar does not automatically lead to an appreciation in XLM. According to Token Terminal, trading volume for tokenized assets on decentralized exchanges fell by around 50% over the past 30 days, and the RWA.xyz dashboard shows that BlackRock's BUIDL Institutional Digital Dollar Liquidity Fund saw outflows of more than $600 million over the same period.