The real world asset (RWA) tokenization sector is on fire, with its market continues rising unprecedented heights. Today’s data according to Satoshi Club showed that the total TVL in the RWA sector has surpassed $10 billion, marking a new ATH of with a 6.16% growth.
RWA pushed over $10 billion TVL
Today, as highlighted by Satoshi Club’s data, the RWA tokenization sector surged past the monumental $10 billion milestone. This milestone represents an incredible 6.16% rise from its $9.384 billion recorded seven days ago. This growth makes RWA the 7th sector in the DeFi market to surpass the $10 billion mark.
Prominent projects that have facilitated this growth include RWA projects like Ondo Finance, Ethena USDtb, Blackrock BUIDL, and Maker, each holding over $1 billion TVL. Reaching $10 billion in TVL is merely the start. Recently, the World Economic Forum’s data projected that 10% of the world’s GDP ($24 trillion) could be tokenized by 2027, making RWA a multi-trillion dollar market in the coming years.
RWA’s remarkable rise is part of DeFi’s growing market. DeFi continues to experience tremendous expansions, driven by a surge of innovation and user interest. From stablecoins, yield farming platforms, to others, the DeFi world is crowded with opportunities, attracting both experienced investors and beginners alike.
The RWA surge
The RWA is a promising sector in the cryptocurrency landscape. Multiple projects in the sector register remarkable returns, including the likes of Mantra (OM), Ondo Finance (ONDO), Plume (PLUME), and others. The boom in the sector is here today. Biggest institutions like Blackrock are backing projects and the market responds positively with huge price performance – an evidence showing that the sector will grow and remain sustainable.
ONDO is Blackrock’s preferred project in RWA tokenization, bringing traditional finance’s credibility to the DeFi market. It is one of few tokens with massive institutional backing, making it a preferred asset for investors seeking to invest in RWAs.
Mantra (OM) is another strong RWA token. Its price surged 6,196% over the past year, with a market capitalization surging to $6.34 billion. Also, Plume (PLUME) has maintained its impressive performance, with its price currently up 33.9% and 38.8% over the past month and seven days ago respectively.
