Tokenized Traditional Assets Surpass $35 Billion onchain

The market for tokenized traditional assets has surpassed $35 billion in onchain value, nearly tripling since July 2025 when the GENIUS Act was signed into law. This represents a significant growth rate compared to other corners of crypto.

Data from a16z crypto and rwa.xyz shows that US Treasury products dominate the landscape, with commodities like gold making up around $5 to $6 billion of the total. Private credit is the third major category.

The GENIUS Act removed ambiguity around settlement rails for tokenized assets but did not directly regulate them. The Clarity Act aims to provide further regulatory precision and could be a key inflection point in the market's growth.