The market for Real World Asset (RWA) tokenization shows significant growth, reaching $65 billion in Q1 2025. This growth is driven by increasing institutional investments and technological advancements.
Overall Growth of RWA Market
In Q1 2025, the total value locked (TVL) in the RWA market reached $65 billion, marking an 800% increase from the same period in 2023. Currently, 60% of all investments in RWA come from traditional financial institutions. Major players in the market include JPMorgan and BlackRock.
Green Asset Tokenization in China
China leads in the tokenization of green assets such as solar farms and charging stations. For instance, GCL Energy achieved a milestone of $100 million in cross-border financing through blockchain solutions. These initiatives contribute to integrating physical assets into the digital economy.
Key Projects and Market Participants
The market features platforms such as Ondo Finance, RealT, and Centrifuge, all demonstrating proven business models through the tokenization of Treasury bonds, real estate, and supply chain finance. Ondo Finance recently surpassed $1 billion TVL, solidifying its leadership in the Treasury bond tokenization market.
The growth of the RWA tokenization market highlights a strong trend toward integrating traditional financial instruments with blockchain technologies. Supply chains, cross-border financing, and green assets lead to a new level of liquidity and accessibility in the markets.