RWA asset classes

As of Oct 5, 2026, tokenized real-world assets are worth $36.0B across 16 asset classes.

• Tokenized Private Credit$26.5BTokenized private credit is lending to businesses outside public bond markets, funded onchain. Lenders earn higher yields than treasuries in exchange for credit and liquidity risk.66 products · main class for 73.4% of RWA value
• Tokenized Stocks & ETFs$3.02BTokenized stocks and ETFs are tokens that track the price of a listed share or fund, backed one-to-one by the underlying security held by a custodian.301 products · main class for 8.2% of RWA value
• Tokenized Treasuries$2.96BTokenized treasuries are blockchain tokens backed by US government debt, mostly short-dated Treasury bills. Holders earn close to the T-bill rate, and the tokens can move onchain around the clock.52 products · main class for 8.2% of RWA value
• Tokenized Bonds & Fixed Income$1.19BTokenized bonds and fixed income cover debt beyond US treasuries: corporate bonds, non-US government debt, structured notes and yield products that pay a fixed or floating coupon.25 products · main class for 3.3% of RWA value
• Tokenized Gold$871MTokenized gold tokens are each backed by physical gold held in a vault, typically one fine troy ounce or one gram per token. They track the gold price and trade like any other crypto token.23 products · main class for 2.4% of RWA value
• Tokenized Real Estate$404MTokenized real estate splits ownership of property into tokens, so investors can buy a fraction of a home or building and receive a share of the rent.28 products · main class for 1.1% of RWA value
• Tokenized Commodities$1.25BTokenized commodities bring physical goods such as gold, silver and other metals onchain. Each token is backed by a quantity of the commodity held by a custodian.47 products · main class for 1.1% of RWA value
• Other Real-World Assets$293MTokenized real-world assets that don't fit the other categories.2 products · main class for 0.8% of RWA value
• Tokenized Money Market Funds$523MTokenized money market funds put shares of a regulated money market fund onchain. Each token is a fund share, usually priced at $1, and pays the fund's yield.23 products · main class for 0.8% of RWA value
• Tokenized Trading Strategies$132MTokenized trading strategies wrap a managed fund or strategy, such as basis trading, into a token that tracks its returns.3 products · main class for 0.4% of RWA value
• Tokenized Private Equity & Pre-IPO$122MTokenized private equity gives onchain exposure to private companies and funds, including pre-IPO shares, that are normally hard to buy.16 products · main class for 0.3% of RWA value
• Tokenized Collectibles$7.29MTokenized collectibles are physical items such as trading cards, watches and art, held in a vault and represented by a token.9 products · main class for 0.0% of RWA value
• Tokenized Carbon Credits$1.50MTokenized carbon credits represent verified emission reductions onchain, so they can be traded, retired or used in DeFi.5 products · main class for 0.0% of RWA value
• RWA Crowdfunding$42.6MRWA crowdfunding platforms raise money onchain for real-world projects and businesses, and pay investors from their revenue.4 products · main class for 0.0% of RWA value
• Onchain Equity$6.50KOnchain equity is company stock issued natively on a blockchain, with the token itself as the legal share record.6 products · main class for 0.0% of RWA value
• RWA Crypto Tokens$30.5BRWA crypto tokens are the governance and utility tokens of tokenization platforms and RWA blockchains. Their price reflects the platform, not a backing asset, so they are not counted in RWA market value.132 products · market cap, not counted in RWA value