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, forecasts from the best financial institutions and consulting giants vary in size, but I agree with one thing. 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.
