Tokenized RWAs Hit $32B With Private Credit on Top
Onchain tokenized RWAs reach $32B, with private credit leading at 53% market share.
- Total tokenized RWAs reach $32 billion
- Private credit leads with 53% dominance
- Blockchain adoption in traditional finance grows
Tokenized RWAs Cross the $32B Milestone
The tokenization of real-world assets (RWAs) has gained massive momentum in 2025, with the total onchain value now reaching $32 billion. This significant milestone highlights the rapid integration of traditional financial instruments into blockchain networks.
RWAs refer to physical or off-chain financial assets—like private credit, real estate, government bonds, and commodities—represented digitally on a blockchain. Tokenizing these assets brings improved transparency, efficiency, and accessibility to investors globally.
Private Credit Dominates the RWA Landscape
According to the latest onchain data, private credit holds the lion’s share of the RWA market, accounting for 53% of all tokenized assets. This dominance shows how blockchain is becoming an attractive infrastructure for managing and distributing private debt.
Private credit markets have long been limited to institutional players, but tokenization opens up new pathways for broader participation. Platforms like Centrifuge, Maple Finance, and Goldfinch are leading the charge, offering tokenized credit opportunities with real-world yields.
Institutional Interest Driving Growth
The rise in tokenized RWAs reflects a deeper trend: institutional adoption of blockchain for real-world finance. With improved regulatory clarity and growing trust in smart contract infrastructure, banks, asset managers, and fintech firms are exploring tokenization as a tool to modernize finance.
This $32B mark is more than just a number—it represents a structural shift toward a more connected financial system where traditional and decentralized finance converge.
