This week, the real-world asset (RWA) sector crossed the $25 billion threshold, carving out a recent milestone within the annals of finance. On prime of that, the entire variety of asset holders has soared to 293,006—marking a leap of over 72% in simply 30 days.
Tokenized Property Proceed to See Huge Progress
As of Thursday, July 10, 2025, the worth of tokenized real-world property (RWAs) has climbed previous $25 billion. That’s a 7.23% enhance since June 10. Proper now, non-public credit score claims the highest spot in onchain worth.
A hefty $14.73 billion is parked in blockchain-verified non-public credit score choices from companies like Determine, Tradable, and Maple. Main the pack, Determine boasts $13.6 billion in cumulative onchain loans, in keeping with information compiled by rwa.xyz.

Supply: Rwa.xyz
U.S. Treasury debt or tokenized Treasury funds maintain the second spot, totaling $7.53 billion—up 1.96% over the previous week. Blackrock’s BUIDL leads the pack with $2.82 billion onchain. Franklin Templeton’s BENJI follows with $790.44 million as of July 10, whereas Superstate’s USTB clocks in at $711 million. Simply behind Treasurys, tokenized commodities land in third with a present market cap of $1.61 billion.
The majority of that comes from the 2 heavyweight gold-backed tokens, PAXG by Paxos and XAUT from Tether. Additional down the chain are sectors with smaller onchain footprints, together with institutional various funds, shares, non-U.S. authorities debt, and company bonds.
Having ballooned practically fivefold over the previous three years, the RWA market reveals no indicators of slowing down. Wanting ahead, projections from prime monetary establishments and consulting giants differ in scale however agree on one factor: this market’s heading for the trillions.
McKinsey places the estimate at $2 trillion, whereas Boston Consulting Group (BCG) envisions a leap to $16 trillion by 2030.