MQENetwork

End of Month RWA Report Tokenized RWAs Hit $26.5B After 70% Growth in 2025 The tokenized real-world assets (RWA) market just set a new record. It’s now valued at $26.5 billion, up more than 70% since January, according to RWA.xyz. That’s a huge jump in less than a year and shows how quickly interest in onchain financial products is building. August Highlights Some of the bigger stories from this month: CFG goes live on Bybit, giving Centrifuge broader exchange access. Credefi launches Platform 3.0, bridging TradFi and DeFi with up to 34% APY staking. BlackRock’s BUIDL & other institutional funds continue to scale tokenized fixed-income products. Regulation & policy momentum frameworks advancing across Hong Kong, the EU, Dubai, and Spain. Solana surges – RWA assets on Solana are up 140.6% YTD, closing in on $418M in value. Goldman Sachs & BNY Mellon team up to tokenize money market funds, another signal that Wall Street is leaning in. Singapore’s OCBC Bank kicked off a $1B digital U.S. commercial paper program, tapping into the $1.4T CP market with blockchain rails. JuCoin & Nasdaq-listed Connexa announced a $500M JV to launch the aiRWA Exchange, building dedicated infrastructure for RWA trading. Mavryk Network revealed its $MVRK token launch date (Sept 18), part of its push to become a purpose-built chain for RWA issuance. What’s Driving the Market? Most of the action is still in private credit and U.S. Treasurys. Together, they make up nearly 90% of all tokenized assets. It makes sense as they’re familiar, relatively stable, and easy to package onchain. These serve as the “gateway assets” before more exotic real-world products follow. Ethereum Still Runs the Show Ethereum remains the home base for RWAs, holding about 55% of the market with more than $156B in onchain assets. Add in its Layer-2s ($POL, $ARB, $ZK, etc.) and Ethereum controls roughly 76% of the market. Liquidity, security, and a massive developer base keep Ethereum ahead. Still, new purpose-built blockchains are emerging and could start to chip away at that dominance. Let’s see. Overall, the onchain RWA space is up almost 58% year-to-date, sitting at around $24.8B. That’s pretty strong growth, but it’s still small compared to the multi-trillion-dollar potential this market could eventually reach. August was bullish for RWA’s.