Overview
- Onchain real‑world assets rose 13.5% over the past month, contrasting with roughly $1 trillion erased from the broader crypto market, according to RWA.xyz data.
- Ethereum posted about $1.7 billion in net gains in tokenized assets, with Arbitrum adding $880 million and Solana $530 million.
- Tokenized U.S. Treasuries and government debt remain the largest category, surpassing $10 billion in outstanding onchain products.
- BlackRock made its first formal DeFi move by listing its BUIDL tokenized Treasury fund on Uniswap, while JPMorgan and Goldman Sachs remain active in tokenization efforts.
- Tokenized money market funds are being used as collateral in trading and lending, and market analysis points to accelerating interest in tokenized equities.