Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The market volume for tokenized real-world assets (RWA), not including stablecoins, hit $24 billion by mid-2025, with over 50% of this figure represented by private loans and U.S. Treasury debt securities.
A detailed analysis of the RWA market carried out by RedStone in partnership with analysts from the RWA.xyz aggregator and the DeFi protocol Gauntlet revealed that in the first half of 2025, the volume of tokenized private loans reached $14 billion, while tokenized U.S. Treasury debt securities totaled $7.5 billion. The overall market volume of tokenized real-world assets, excluding stablecoins, exceeded $24 billion this year.
The increasing interest from institutional investors is driving the rapid growth of tokenizing private loans and U.S. debt securities, as tokenization provides new avenues for diversification and liquidity in conventional financial instruments.
Related Posts
For instance, private loans, which were once restricted to large institutional investors with significant minimum investment thresholds, are becoming available to a wider array of participants through tokenization, offering returns in the range of 8–12%. Analysts indicate that Figure Technologies is the most prominent player in this area, having tokenized loans exceeding $10 billion.
Regarding tokenized U.S. Treasury debt securities, this sector has been experiencing significant growth since 2023, rising from $100 million to $7.5 billion. This asset class draws investors due to its stability and dependability, providing liquidity and income opportunities while adhering to regulatory standards. The leading participants in this segment include BlackRock, JPMorgan, and Franklin Templeton, along with DeFi platforms Pendle and Ethena, which introduce new options for the secondary market.
A report from CoinGecko indicated that the total capitalization of the tokenized RWA market reached around $233 billion in April 2025, fueled by the demand for fiat-backed stablecoins.
Сообщение Private Loans and Debt Securities Make up More Than Half of RWA Market появились сначала на CoinsPaid Media.
