PANews reported on August 25 that according to Cointelegraph, Animoca Brands researchers Andrew Ho and Ming Ruan stated in their August research paper: "The estimated potential $400 trillion TradFi market highlights the potential growth space for RWA tokenization."

Researchers indicate that the RWA sector represents only a small portion ($26 billion) of a total addressable market currently exceeding $400 trillion. These asset classes include private credit, Treasuries, commodities, equities, alternative funds, and global bonds. Large asset managers are currently engaged in a "strategic race to build full-stack integrated platforms," and those who can "control the asset lifecycle" will reap long-term value.