Tokenized Assets Pull Ahead of DeFi Market
Tokenized real-world assets (RWA) deposits have more than tripled to $7.4 billion across decentralized finance, despite a 15% decline in total DeFi funding over the same period.
The report from CoinShares and Token Terminal highlights the growth of RWA deposits from $2.3 billion to $7.4 billion year-on-year, while total DeFi deposits fell roughly 15% during this time.
According to Jean-Marie Mognetti, CoinShares co-founder and chief executive, the growth in tokenized assets is a structural shift rather than a cyclical one, driven by utility rather than speculation.