Real-World Assets (RWA) are becoming an essential part of the financial market, showing significant growth since 2023. This article examines key trends and challenges for RWA in 2025.
Market Overview of RWA
By early 2025, the total value locked (TVL) in RWA surpassed $65 billion, an increase of 800% compared to the same period in 2023. According to BlockData, over 200 active RWA projects cover a wide range of financial instruments, physical assets, and carbon credits.
Key Trends in Tokenization
Institutional investors have significantly increased their presence in the RWA market, capturing over 50% market share. Multi-chain expansion is observed as RWA projects extend beyond Ethereum, including Solana, Polygon, and Cosmos. New growing asset classes include equities, real estate, and carbon credits.
Risks and Challenges for RWA
The RWA sector faces several risks, including the lack of a unified global regulatory framework and vulnerabilities in smart contracts. Key challenges are related to legal aspects of cross-chain tokenization, which can lead to legal ambiguities and conflicts.
Despite significant achievements in the tokenization of real assets, the RWA market continues to face challenges, including regulatory uncertainty and technical risks. To fully embrace RWA, it is crucial to strike a balance between compliance and innovation.
