Tokenized Real-World Assets Market Sees Explosive Growth
The tokenized real-world assets (RWA) market has experienced significant growth over the past month, led by Robinhood Chain's impressive 11,416% jump in RWA value to $323.7 million.
Avalanche and BNB Chain also saw steady growth, with their RWA values increasing 22.6% to $2.5 billion and 16.5% to $9.2 billion, respectively.
The number of RWA holders has surged, with Ethereum remaining the largest blockchain for tokenized RWA, boasting over $17 billion in onchain value and a record $9 billion in transfer volume for tokenized stocks in June.
Growth was also evident in tokenized Treasuries, with Avalanche's tokenized US Treasury assets rising 68% to $842 million.