RWA tokenization volume soars to $25 billion: institutional funds accelerate entry, potentially reaching $50 billion by 2030

March 9 News, the real-world asset tokenization (RWA) market continues to expand in 2026, with on-chain asset size rapidly growing driven by institutional funding. The latest data shows that the global tokenized real-world assets are valued at approximately $24.9 billion, nearly four times higher than last year, with over $18 billion added this year alone, indicating a significant increase in traditional financial institutions’ demand for blockchain asset infrastructure.

Market data indicates that U.S. Treasuries and commodities are the core drivers of growth in the RWA sector. According to RWA.xyz, tokenized versions of these two asset classes have exceeded $16 billion, accounting for about 58% of the overall market growth. Meanwhile, corporate bonds and institutional alternative investment funds are also expanding rapidly, with BlackRock’s related tokenized products reaching about $2.2 billion, and Ondo Finance’s on-chain assets approaching $2 billion.

As more institutions participate, the structure of the RWA market is changing. Although the main asset categories continue to grow, market concentration has noticeably decreased, with the share of the top assets dropping by approximately 61%. At the same time, U.S. Treasuries in RWA still hold a significant position, with their market share decreasing from 59% to around 43%, reflecting a move toward diversification.

In addition to the asset size expansion, the number of RWA users on-chain is also increasing rapidly. Token Terminal data shows that the number of RWA holders on several mainstream blockchains has reached new highs. On the Ethereum network, RWA holders number about 169,000, followed by Solana with approximately 163,000. Celo and BNB Chain have seen their holder counts grow to around 77,000 and 42,000, respectively. Additionally, emerging networks like Base and Arbitrum One have also experienced significant growth.

Overall, the current number of RWA asset holders exceeds 663,000, a year-over-year increase of about 4%. Meanwhile, the user base for stablecoins continues to expand, with global stablecoin holders reaching approximately 232 million, demonstrating the increasing use of on-chain USD assets in payments and financial activities.

Although the RWA market size declined slightly by about 6% over the past 30 days, the total value of on-chain real-world assets still exceeds $346 billion. At the same time, the stablecoin market size has risen to about $301 billion, continuously providing liquidity support for the RWA ecosystem. Industry experts believe that, given the accelerated deployment of blockchain infrastructure by traditional financial institutions, if current growth rates persist, the tokenized RWA asset size could surpass $50 billion by 2030 and even approach a trillion-dollar market.