RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA, seen as the next growth engine for the crypto market, is heating up, with major institutions such as Binance and Goldman Sachs making moves in the face of trillions of dollars in funding.

119 articles
Maple: Bond People On-Chain
Just how solid is the moat of a small bond company amid the RWA boom? Maple Finance is the leader in the on-chain private credit niche. After reading Maple Finance's story, we may find an answer.
Crypto异闻录:人、代码与江湖
Pantera Capital：RWA赛道已成熟，但流动性正成为最大“拦路虎”
Pantera Capital 报告指出现阶段代币化市场总规模达 3318 亿美元，RWA 逆势增长但流动性分化严重，揭示合规二级市场与链上原生能力建设是行业主要瓶颈。
Pantera Capital
Departing Korea, via Hong Kong, reaching the world: How does Hong Kong's RWA actually work?
The real-world asset tokenization market has surged 26-fold in a year, but the real test is whether issuance, sales, and redemption can form a closed loop. This article breaks down the complete path for Korean assets to reach overseas professional investors via the Hong Kong channel, offering highly practical value for those focused on compliance architecture and cross-border distribution.
Tiger Research
Dr. Xiao Feng's Full Speech: Asset Tokenization and 24/7 Trading — Blockchain Rebuilds the Global Financial Market
The 12th Blockchain Global Summit has concluded. Dr. Xiao Feng explains how asset tokenization and 24/7 trading are rebuilding the global financial market, analyzing the far-reaching impact of tokenization and on-chain finance on liquidity and pricing power.
万向区块链2 authors
下一轮牛市靠什么？Wintermute：看好RWA成为新入金通道
RWA链上代币化年吸金160亿美元，正成为加密市场下一条关键流动性通道。稳定币与ETF常态化后，代币化资产有望把资金从传统市场引入BTC与山寨币。
Wintermute
RWA Sector Landscape Reshaped: BNB Chain Surpasses Solana in Growth Rate, Intensifying Public Chain Asset Tokenization Competition
In 2026, the real-world asset (RWA) tokenization sector has seen a key shift in landscape. According to the latest industry data from CryptoRank, BNB Chain has officially surpassed Solana to become the fastest-growing public chain ecosystem in terms of RWA value this year, breaking Solana's previous growth advantage in the RWA sector and marking a new phase in the global competition for on-chain asset tokenization.
区块链田颖
Blockchain Capital合伙人：全球资产负债表终将全部上链
代币化如同金融领域的集装箱，将重塑全球资本市场。区块链技术正以标准化接口大幅降低资产流转成本，推动全球资产负债表上链，释放巨大经济潜力。
Foresight News
Wintermute: After ETFs and DATs, RWA May Take Up the Baton in the Next Bull Market
Can RWA become the incremental capital entry point for the next bull market? Wintermute analysis points out that ETF and stablecoin channels have become normalized, while tokenized assets are expanding at a rate of over $16 billion over the past 12 months. Although the scale is still small, it is the only capital channel that is still growing. When institutional funds enter the on-chain system, whether they will spill over into the crypto ecosystem will determine whether altcoin season can truly arrive.
Wintermute
Trillion-Dollar Consumer Loan Market: Key Players Absent
Deconstructing consumer loan RWA: Why 'moving on-chain' is only the first step?
Conflux
当 Meme 流量遇上 RWA：Hyperliquid 与 Robinhood 的金融野心
加密市场投机并非全是泡沫，Meme币热潮与链上交易如何成为未来金融基础设施的种子资本，揭秘行业演化路径。
Foresight News
Primitive Ventures: After US Stock Brokers' Clearance, Chinese Retail Investors Are Searching for the 'Disappeared Buy Button'
China's capital controls have tightened overall, Futu and Tiger Brokers were fined and shut down their mainland US stock businesses, narrowing retail investors' asset allocation channels. Tokenized assets and crypto have become a new gateway for cross-border investment, presenting an opportunity for the redistribution of global productive assets.
Primitive Ventures
a16z Crypto：三张图看懂代币化股票的发展趋势
代币化股票一年增长超5倍，华尔街巨头纷纷上链，Coinbase、纽交所、Robinhood加速布局，链上金融新入口来袭。
a16z
Tokenized Stock Monthly Transfer Volume Surges 170-Fold, RWA Reaches Key Inflection Point
On July 22, a16z crypto posted that on-chain activity for tokenized stocks is growing rapidly. In June this year, the monthly transfer volume of tokenized stocks reached $9.22 billion, compared to only $53 million in the same period last year, a year-on-year increase of over 170-fold.
CryptoPulse
A 10,000-word essay: Starting from 1996, who is paving the underlying infrastructure of the next-generation capital market?
We believe that RWA is today roughly where the Internet was in 1996.
Tiger Research
Robinhood vs xStocks: Stock Tokenization Isn't Just About Putting Tickers On-Chain
Stock tokenization isn't just about the ticker; the real key lies in the issuer, legal rights, custody path, and ability to exit under stress.
CoinFound
Tiger Research: Moving RWA Tokenization Overseas First
The RWA market is rapidly growing to $25 billion to $36 billion, but regulation lags in most regions. Financial institutions face three paths: waiting for legislation, regulatory sandboxes, or going overseas. This article details cross-border tokenization strategies from physical to on-chain native and six key preparation points.
Tiger Research
Same SpaceX, Four Tokens, Diminishing Rights: On IPO Day, the Delivery Layer Cracks First
The core problem exposed by SpaceX tokenized IPO subscriptions is not technology, but ownership and delivery: the same “SpaceX” token may represent real equity, redeemable beneficial rights, a tracking certificate, or merely price exposure.
CoinFound
Breaking Down Plume Network's Growth: An RWA Public Chain's Ecological Leap
Plume reshapes real-world asset financialization with RWAfi, bringing tokenized assets into DeFi composable systems, enabling trading, lending, and yield. The ecosystem already exceeds 180 projects, and the growth flywheel is accelerating.
137Labs
Tokenized US Stocks from a Digital Nomad's Perspective
Behind the SpaceX IPO refund wave, who really benefits from tokenized US stocks?
TT3Labs观察
Arthur Hayes' Family Office Bullish on Collector Crypt: On-Chain Card Business Momentum Could Surpass eBay, CARDS Summer Target Price $4
Like Hyperliquid, CC did not succumb to high CEX listing fees but instead chose a strategy of prioritizing DEX development.
Maelstrom