This week, the Real World Assets (RWA) sector crossed the $25 billion threshold, opening a fresh milestone in the financial chronicles. On top of that, the total number of asset owners has skyrocketed to 293,006, jumping over 72% in just 30 days.
Tokenized assets continue to grow significantly
As of Thursday, July 10th, 2025, the value of tokenized real world assets (RWAS) was over $25 billion. This has increased by 7.23% since June 10th. Currently, private credit claims the top spot for Onchain Value.
The $14.7 billion dollars are parked in blockchain-verified private credit offerings from companies such as Figures, Tradeables, and Maple. According to data compiled by RWA.xyz, the leading figures in the pack boast $13.6 billion on cumulative on-chain loans.
Source: rwa.xyz
The US Treasury debt or tokenized Treasury funds hold the second spot, totaling $7.533 billion, 1.96% over the past week. BlackRock's Buidl leads the pack with a $2.82 billion on-chain. Franklin Templeton's Benji continues at $790.44 million as of July 10, while Superstate's USTB is $711 million. Just behind the treasure trove, the tokenized item landed third, with a market capitalization of $1.6 billion.
Most of it comes from two heavyweight gold-backed tokens, Paxg by Paxos and Tether's Xaut. Further down the chain are sectors with smaller on-chain footprints, such as institutional alternative funds, equities, non-US debt, and corporate debt.
The RWA market has shown no signs of slowing as it has nearly five times in the last three years. Looking forward to it, I agree with one thing, although predictions from the best financial institutions and consulting giants vary in scale. This market is heading towards trillions.
McKinsey estimates to $2 trillion, while Boston Consulting Group (BCG) expects to make a leap to $16 trillion by 2030.
