The tokenized asset market (RWA) continues to gain traction, showcasing significant growth. The market has currently reached a record amount under management.
Growth Dynamics of Tokenized Assets
In 2023, the tokenized asset market increased its value under management by 300% compared to the previous year, reaching a record high of $12.51 billion. This growth was facilitated by increased investments and the expansion of tokenized assets across various ecosystems.
The Role of BlackRock and Other Players
BlackRock has emerged as a leader in the tokenized securities market, actively utilizing public blockchains. Ondo Finance and Ethena Labs are also making significant progress in this segment. The BUIDL token from BlackRock has become the main tool for collateral and lending across various protocols.
Application of Tokenized Assets in DeFi
Tokenized assets are finding use in DeFi, providing loans amounting to over $648 million. However, despite growth, these assets face challenges related to regulation and the need for clear standards. In 2025, tokenized assets are being used in over 206,000 wallets.
The tokenized asset market continues to evolve, demonstrating steady growth and importance in the DeFi ecosystem. However, clear regulations and standards are necessary for its further success.
