Stellar's Tokenized RWA Market Soars to $4 Billion

The value of tokenized real-world assets (RWA) on Stellar has surged to nearly $4 billion in 2026, a four-fold increase from $868.8 million at the end of last year. This growth is evident across various asset classes, including US Treasurys, private and public credit, non-US government debt, and others.

The market is concentrated among a handful of issuers, with Spiko accounting for $1.55 billion of Stellar's RWA value as of Aug. 27, followed by Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million, and Ondo at $535 million.

The expansion comes as financial institutions and tokenization platforms deepen their use of the network. Institutional adoption drives Stellar's RWA growth, with notable integrations such as the Depository Trust & Clearing Corporation (DTCC) connecting its tokenization service to Stellar in May 2026.