Data: On-chain RWA market scales to a record high of $33.7 billions
BlockBeats news, on May 18, according to rwa.xyz data, the total scale of on-chain Real World Assets (RWA) has risen to $33.7 billion, reaching a new all-time high.
Among this, the recent increase of about $1.5 billion mainly comes from Ethereum-based institutional-grade tokenized US Treasury products, including Franklin Templeton's newly launched iBENJI, as well as continued capital inflows into BlackRock BUIDL. At the same time, tokenized commodity assets have also seen significant growth, with JMWH becoming one of the main drivers.
Institutional analysis indicates that the current growth of RWA is still mainly driven by the ongoing efforts of traditional financial institutions, with the "TradFi wave" accelerating the on-chain adoption of real world assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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