The market value of tokenized real-world assets (RWAs) has surpassed $30 billion for the first time, according to new data published by a16z crypto.
U.S. Treasury-backed products continue to dominate the sector, leading the rapid expansion of blockchain-based financial assets as institutional adoption accelerates.
The growth reflects increasing demand for tokenized versions of traditional financial instruments, including government debt, commodities, corporate credit, private equity, and real estate.
Industry analysts view tokenization as one of the fastest-growing segments within digital assets, as blockchain infrastructure allows investors to access traditional markets with improved settlement speed, transparency, and on-chain liquidity.
The latest milestone also signals growing convergence between traditional finance and crypto infrastructure, with major financial institutions increasingly exploring tokenized securities and treasury products.