Real world assets are continuing to expand across blockchain networks, with total distributed value now reaching $38.45 billion.

Ethereum currently leads the sector with $16.5 billion, representing 42.74% of the market. BNB Chain and Solana follow with $5.7 billion and $4.3 billion respectively.

What caught my attention is the diversity of assets being brought onchain. U.S. Treasury debt accounts for $14.7 billion, while tokenized stocks have the highest number of RWA listings. To me, this shows that RWA adoption is moving beyond a single asset class.