The RWA market size has surged to $24 billion, and tokenized assets may become a new engine for blockchain finance.

Recently, a report on the development of Real World Assets (RWA) in Blockchain finance has attracted widespread attention in the industry. The report highlights the significant growth and transformative potential of RWA tokenization within the Crypto Assets ecosystem. Data shows that the RWA market size has surged from $5 billion in 2022 to over $24 billion by mid-2025, making it the fastest-growing area in crypto after stablecoins.

This rapid rise is primarily attributed to the shift in institutional adoption from pilot stages to large-scale deployment. Years of infrastructure improvement, along with the support of several major financial institutions, have laid a solid foundation for this transition. With the gradual improvement of the regulatory environment, RWA is entering a period of rapid development.

The report points out that RWA tokenization is becoming an important bridge between traditional finance and blockchain technology. Innovative compliant decentralized finance (DeFi) integration and complex pricing oracle technology lay the foundation for building an efficient, transparent, and liquid global asset market.

Private credit has become the main growth driver in the RWA tokenization market. As of June 2025, private credit has become the largest submarket for RWA tokenization, reaching a scale of $14 billion. This reflects the strong interest of institutions in the native Blockchain credit market. Tokenization addresses major industry constraints by reducing operational costs, improving access and allocation, while also providing the possibility to establish a robust secondary liquidity market.

Industry forecasts indicate that by the early 2030s, the tokenization rate of global assets is expected to reach 10% to 30%. This means that RWA could become the key link connecting over $40 trillion in traditional financial assets to the Blockchain — a figure that far exceeds the current market size of approximately $3 trillion in Crypto Assets.

It is worth noting that RWA oracle technology is undergoing a fundamental transformation. Unlike the real-time price data of DeFi, the pricing of RWA requires the integration of complex structures such as net asset value (NAV), regulatory compliance, and liquidity adjustments. This provides essential infrastructure for the integration of trillions of dollars worth of Tokenized assets into DeFi.

With the rapid development of the RWA tokenization market, industry insiders generally believe that this field is expected to release tremendous economic value in the coming years, bringing profound impacts to the global financial market.