Tokenized RWA Markets Reach $17.1 Billion, Up 94% Year Over Year
On February 3, real-world asset (RWA) tokens surged, contributing to a recovery in the broader crypto market. The tokenized RWA markets reached a peak of $17.1 billion, reflecting a 94% increase from last year’s total value locked (TVL).
RWA Tokens Performance
- Overall crypto market capitalization increased by 7% over 24 hours.
- RWA tokens experienced double-digit percentage gains:
- Chainlink rose 22%, reaching over $21.
- Mantra spiked 23% to $6.
- Ondo Finance recorded a 27% surge to $1.40.
- Chintai's native token CHEX jumped 38% to $0.60.
- Other notable RWA-focused assets include Algorand, Quant, Pendle, and XDC Network.
Market Outlook
The growth in RWA tokenization began last November, increasing by $4 billion (26%) since then. Wall Street is eyeing a $30 trillion opportunity in this market, driven by growing interest in asset tokenization. Private credit accounts for nearly 70% of on-chain value, followed by US Treasury debts at 21%. Analysts suggest that potential policy changes under the Trump administration could further boost RWA tokenization growth.