$HTX Research: RWA Market Abandons Tokenization for Practical DeFi Applications

The real-world asset (RWA) sector has experienced rapid growth over the past two years, expanding beyond its initial blockchain experiment roots.

A recent report by $HTX Research suggests that this growth was largely based on RWA tokenization, but the industry is shifting towards more practical applications of these assets in decentralized finance (DeFi).

The report states that RWAs will serve as collateral, support lending, generate cash flow, and improve capital efficiency rather than merely acting as digital certificates stored in wallets.

According to $HTX Research, the RWA market has expanded significantly from below $3 billion in mid-2024 to nearly $34 billion now, indicating its growing importance. More companies are choosing blockchain to issue, settle, and manage traditional assets.