Tokenized real-world assets (RWAs) have seen immense growth in the crypto market, becoming the second-fastest-growing category after stablecoins. A recent report by RedStone, Gauntlet, and rwa.xyz highlights the significant rise of tokenized RWAs in the market.
The report reveals that the total on-chain RWA value, excluding stablecoins, has nearly tripled since January 2024, reaching $15.2 billion by December 2024. By June 2025, this market hit an all-time high of $24.31 billion, showcasing an 85% year-over-year growth.
The tokenized RWA space has evolved from being just a buzzword to a multi-billion-dollar financial system. In the first half of 2025 alone, the RWA token market surged by 260%, indicating further growth potential.
Several factors have contributed to this growth, including higher interest rates driving demand for tokenized yield-bearing assets, major issuers introducing institutional products, and DeFi platforms integrating tokenized assets into their frameworks.
Despite geopolitical tensions, such as those between Israel and Iran, the RWA tokenization market has shown remarkable resilience, growing by $464 million over a 12-day period to reach its all-time high. This growth reflects the confidence of both institutional and retail investors in tokenized real-world assets as a viable investment option.
Private credit stands out as the largest segment in RWA tokenization, with over $14 billion of the current market comprising tokenized private credit. This demonstrates institutional interest in blockchain-native credit markets.
The report suggests that 10%-30% of global assets could be tokenized by 2030-2034, bridging traditional finance’s $400+ trillion assets to blockchain. This growth is driven by the financial logic of higher yields and faster access to capital that blockchain and tokenization offer.
Institutional adoption of tokenized assets, as seen with major financial institutions like BlackRock, JPMorgan, Franklin Templeton, and Apollo, indicates a shift towards a more modernized financial system. Governments are also recognizing blockchain as essential infrastructure for addressing macroeconomic challenges.
With a friendlier regulatory environment towards tokenization, RWAs are expected to proliferate further, not as a new asset class but as a fundamental upgrade to existing capital markets. The report concludes that tokenized assets are on the verge of hitting critical mass across institutional and consumer markets, signaling a significant transformation in the financial industry. Private Credit Drives $24 Billion Tokenized RWA Boom – RedStone Report
In the ever-evolving landscape of finance, we are witnessing a monumental shift towards tokenization and blockchain technology. From BlackRock’s $2.9 billion BUIDL fund to Apollo’s ACRED pioneering private credit tokenization, the stage is set for what could potentially be the largest capital migration in financial history.
Private credit is playing a pivotal role in driving this transformation, with a recent report from RedStone shedding light on a $24 billion boom in tokenized RWAs (Real World Assets). This surge in tokenized RWAs is not only reshaping the traditional financial sector but also creating new opportunities for investors and businesses alike.
The concept of tokenizing real-world assets involves converting physical assets such as real estate, commodities, and intellectual property into digital tokens that can be traded on blockchain platforms. This process not only enhances liquidity and transparency but also opens up a whole new world of investment possibilities.
One of the key drivers behind this tokenization trend is the increased demand for alternative investment options. Investors are looking for ways to diversify their portfolios and gain exposure to assets that were previously inaccessible. By tokenizing RWAs, investors can now access a wide range of assets and participate in new markets with ease.
Moreover, the use of blockchain technology in tokenization offers numerous benefits, including enhanced security, reduced transaction costs, and increased efficiency. This technology enables seamless peer-to-peer transactions and eliminates the need for intermediaries, making the process more streamlined and cost-effective.
As the adoption of tokenized RWAs continues to grow, we can expect to see a significant impact on the financial industry as a whole. This trend is not only revolutionizing how assets are traded and managed but also paving the way for a more inclusive and accessible financial ecosystem.
In conclusion, the rise of tokenized RWAs driven by private credit is reshaping the financial landscape and creating new opportunities for investors and businesses. With the potential for massive capital migration on the horizon, it’s clear that we are witnessing a transformative moment in the history of finance. Stay tuned for more updates on this rapidly evolving trend.