RWA market went from ~$1-2B to over $30B AUM in just two years. That's not hype—that's real capital flowing on-chain.
What's wild: no single platform is dominating. Securitize had the early lead, but now Franklin Templeton, Tether, Ondo, Spiko, Circle are all carving out serious market share. Different models, different distribution—all working simultaneously.
This tells you something critical: the tech barrier is falling fast. Tokenization is becoming commoditized.
So the real question now isn't "can we tokenize assets?" It's "who can distribute them at scale?"
$30B is still microscopic vs TradFi. But if we hit this in 2 years, where are we in the next 2?
Distribution is the new moat. Liquidity is the new alpha. If you're not thinking about how to move these assets to actual users, you're already behind.
What's wild: no single platform is dominating. Securitize had the early lead, but now Franklin Templeton, Tether, Ondo, Spiko, Circle are all carving out serious market share. Different models, different distribution—all working simultaneously.
This tells you something critical: the tech barrier is falling fast. Tokenization is becoming commoditized.
So the real question now isn't "can we tokenize assets?" It's "who can distribute them at scale?"
$30B is still microscopic vs TradFi. But if we hit this in 2 years, where are we in the next 2?
Distribution is the new moat. Liquidity is the new alpha. If you're not thinking about how to move these assets to actual users, you're already behind.
