Real-world asset tokens represent tangible assets from the physical world that have been tokenized and brought onto the blockchain for trading.
Unlike cryptocurrencies like Bitcoin or Ethereum, which are purely digital creations, real-world asset tokens are backed by physical items such as real estate, commodities, stocks, bonds, fiat currencies, and machinery.
These tokens allow for trading physical assets on the blockchain, often as off-chain tokens.
For example, stablecoins like USDT and USDC are a type of real-world asset token because they are pegged to fiat currencies.
Thus, real-world asset tokens bridge traditional financial assets with blockchain technology, enabling secure and transparent trading of physical goods and financial instruments.
Quick Overview Of RWA Statistics
- In September 2024, the total market capitalization of real-world asset tokens stands at $26 billion.
- According to April 2024 reports, the market for tokenized real-world assets is valued at $300 billion.
- Experts predict substantial growth in this market, with forecasts estimating it could expand to between $3.5 trillion and $16 trillion by 2030.
- In August 2024, the total value of tokenized real-world assets amounted to $12,198,616,714.
Real World Asset Token Market Capitalization
As of 2024, the total market capitalization of real-world asset tokens is $26 billion.
Avalanche (AVAX) leads with a market capitalization of approximately $9.49 billion, representing 36.5% of the market.
Chainlink (LINK) and VeChain (VET) follow, with market capitalizations of $6.28 billion and $1.67 billion, respectively, accounting for 24.15% and 6.42% of the market.
Maker (MKR) and Quant (QNT) come next, with market capitalizations of $1.4 billion and $868.59 million.
Real World Assets Market Size
As of April 2024, the market size for tokenized real-world assets stands at $300 billion.
Experts anticipate this market will grow significantly, with projections suggesting it could reach between $3.5 trillion and $16 trillion by 2030.
This substantial growth highlights the increasing interest and potential in tokenizing real-world assets.
Tokenized Real World Asset US Treasuries Statistics
Tokenized real-world asset (RWA) treasuries represent traditional financial assets on a blockchain, like U.S. Treasury bonds.
In 2023, tokenized U.S. treasuries grew significantly, with a 782% increase in market capitalization, rising from $104 million to $917 million.
However, the market capitalization of tokenized U.S. treasuries in 2024 experienced a slight decline of 1.5%, settling at $931 million.
Ethereum dominates the tokenized treasuries market with a 52.9% share. Meanwhile, notable players like Franklin Templeton and WisdomTree Prime prefer Stellar as their issuance platform, commanding a 35.8% share.
Real World Asset Value & Shares
In August 2024, the total value of tokenized real-world assets reached $12,198,616,714. This value includes various asset types such as private credit, US Treasury debt, commodities, non-US government debt, corporate bonds, and stocks.
Among these, private credit dominates with a value of approximately $9.01 billion, representing 73.89% of the total.
US Treasury debt and commodities follow, with values of $2.14 billion and $959.95 million, accounting for 17.55% and 7.87%, respectively.
Private credit significantly leads the tokenized real-world asset market, reflecting its substantial role compared to other asset categories like US Treasury debt and commodities.
Market Cap of Real World Asset Commodity Statistics
As of February 2024, the total market capitalization of commodity-backed tokens is $1.1 billion. Together, Tether Gold (XAUT) and PAX Gold (PAXG) represent 83% of this market.
This high concentration shows that Tether Gold and PAX Gold dominate the commodity-backed token market.
5 Major Real World Asset Protocols
ONDO | A decentralized finance platform that specializes in converting US treasuries into digital tokens. Nathan Allman founded the ONDO RWA token with a market cap of $841.45 million. |
Mantra (OM) | Another platform that transforms traditional real-world assets like real estate properties into digital tokens. The RWA token Mantra OM has a market capitalization of $771.49 million. |
Pendle | It is a DeFi platform that transforms invoices, real estate, and intellectual property into digital assets, unlocking liquidity and creating new investment opportunities that were once out of reach for many. The market cap of the Pendle token currently stands at $ 449.67 million. |
Centrifuge | Centrifuge is a decentralized finance (DeFi) lending platform that improves credit access for small businesses. It ensures asset pools are fully collateralized, providing legal protection for liquidity providers. The protocol runs on the Centrifuge Chain, a layer 1 blockchain tailored for financing real-world assets (RWAs). The native token of Centrifuge,i.e., CFG, has a market cap of $162.30 million. |
Pax Gold (PAXG) | Pax Gold (PAXG) is a token collaterizing real gold. It’s a commodity-backed stablecoin, and each token represents 1:1 ownership of gold bars stored in a secure LBMA facility in London. The native Pax Gold – PAXG token has a market capitalization of $472.89 million. |