Tokenized RWA don reach $43B as Ethereum dey lead and market dey broaden

Tokenized real-world assets (tokenized RWA) dey blow. Token Terminal talk say tokenized RWA rise 37% for six months reach over $43B, even as wider crypto market weak. Earlier estimates still show strong growth for $30B–$34B range, with most data dey talk about U.S. Treasuries and Ethereum settlement. Latest breakdown show tokenized funds dey dominate tokenized RWA, dem hold near 80% of capitalization. Commodities make 16.6%, tokenized stocks make 3.8%. On-chain, Ethereum still be the main settlement layer with 57.8% of tokenized RWA value, followed by BNB Chain (8.5%), zkSync Era (7.5%), XRP Ledger (5.8%), and Stellar (5.4%). Issuer concentration led by Sky (~$6.1B), Securitize and Ondo Finance each around $3.6B. Beyond Treasuries, story dey shift to more diversified yield ecosystem. BlackRock’s BUIDL dey cited as flagship tokenized Treasury vehicle (about $2.0B–$2.4B AUM earlier). Tokenization still draw mainstream attention: Standard Chartered start coverage on Uniswap and talk say UNI fit make 40x by 2030, while Citi expect tokenized asset market fit reach $5.5T (base) to $8.2T (bull) by 2030, talk say clearer regulation and integration with big market infra (e.g., DTCC, NYSE, Nasdaq). Stablecoins—wey dem often no include for tokenized-asset metrics—still dey seen as important growth driver. For traders, main takeaway be say tokenized RWA dey expand from Treasury-led bet to wider on-chain yield products. This support constructive sentiment for tokenized-finance story, and Ethereum role show say ETH-related liquidity and flows fit remain main fokus.