Tokenized RWA market cap reaches $44.7B, with Ethereum leading at $23.3B and institutions spreading across 32 chains.
RWA & Tokenization ·
The tokenized real-world asset market has reached a valuation of $44.7 billion, with Ethereum commanding the largest share at $23.3 billion. Institutional capital is diversifying across multiple blockchain networks, including BNB Chain at $5.7 billion, zkSync Era at $3.3 billion, Solana at $2.6 billion, and XRP Ledger at $2.5 billion, reflecting a broader shift toward multi-chain deployment.
The distribution underscores the maturation of RWA tokenization infrastructure beyond a single dominant chain. Ethereum's position remains substantial, yet the deployment of institutional RWA holdings across 32 separate blockchain networks signals growing demand for interoperability and chain redundancy in managing tokenized assets at scale.
The trend raises questions about standardization, regulatory coordination across jurisdictions, and whether current infrastructure can sustain frictionless settlement as RWA volumes scale further.