RWA Foundation Tracks Over 10,000 Tokenized Assets on Blockchain

The RWA Foundation has released its latest report on the tokenization market, which shows that it is now tracking 10,322 real-world assets (RWAs) that live onchain. This figure represents a significant milestone in the growth of tokenized assets.

According to the report, the RWA Foundation's tracked universe includes several categories of RWAs, including stablecoins, tokenized funds, private credit, commodities, equities, and ETFs. Stablecoins remain the largest category by a wide margin, with a market cap of approximately $301.4 billion across 193 assets.

Avalanche led the chain race over a recent 30-day window, adding $173 million in RWA market cap. The Foundation has also widened its lens through partnerships with analytics platforms such as DefiLlama, adding coverage of onchain perpetual futures linked to RWAs. Perpetual futures, or perps, are derivatives with no expiry date and can be pegged to stocks, commodities, or other offchain prices.