The tokenized asset market surged by 40%: volume reached $51 billion, with nearly one million holders.
The tokenized real-world assets (RWA) sector is showing steady growth despite correctional sentiment in the crypto market. Since the beginning of the year, the capitalization of this segment has increased by 40%, reaching $51 billion. This confirms sustained interest from institutional and retail investors in the blockchain representation of traditional financial instruments.
A key metric—the number of tokenized asset holders—has grown by 60%, exceeding 917,000 addresses. The leaders in terms of locked funds remain the Figure platform with $18.9 billion and Securitize with $4.3 billion. These projects set standards for the entire industry by offering regulated tokenization solutions.
Market Structure and Dynamics
The RWA market is based on three segments: private lending accounts for 47%, U.S. Treasury bonds for 30%, and precious metals for 9%. The most active networks are Provenance (39% of all activity) and Ethereum (33%). The most impressive growth was shown by the tokenized stocks segment, which increased by 130% over six months, reaching $1.6 billion.
Analysts highlight three key tokenization models for stocks. The first is infrastructure-based, where brokers like Robinhood purchase stocks and issue tokens backed by them. This enables 24/7 trading but does not grant holders voting rights. The second is settlement-based, where blockchain replaces traditional accounting systems, and investors receive full ownership rights. The third is hybrid, proposed by Coinbase, which combines stock tokens, derivatives, and crypto assets for users outside the U.S.
Regulatory Prospects
The further development of the industry directly depends on the SEC's stance. The regulator has already approved pilot projects by NYSE and Nasdaq for trading tokenized securities. A key driver could be the so-called "innovation exemption," which would allow full-fledged trading of such assets within the U.S.
The monthly transaction volume in the tokenized stocks segment reached $5.3 billion in June—a more than tenfold increase compared to September last year, when the figure was just $500 million.
My comment: The 40% growth of the RWA sector amid a general market correction is a powerful signal. Investors are clearly seeking more reliable and regulated forms of digital assets, linking them to the real economy. If the SEC truly softens its stance, we could see explosive growth in this segment in the coming quarters.