Data: Tokenized assets grew nearly fourfold in one year, totaling over $25 billion

According to CoinDesk, data from RWA.xyz shows that the on-chain value of tokenized real-world assets, excluding stablecoins, has surpassed $25 billion, nearly quadrupling from about $6.4 billion a year ago.

Currently, six types of assets have an on-chain scale exceeding $1 billion (including U.S. Treasury bonds, commodities, private credit, institutional alternative investment funds, corporate bonds, and non-U.S. government debt), but only 12% of the RWA-backed stablecoin supply has entered DeFi protocols.