Real-world asset (RWA) tokenization is growing in popularity as blockchain technology becomes embedded in traditional finance. The RWA projects are opening new opportunities for asset-backed digital tokens and increasing market accessibility and liquidity. Based on market data, current valuation, and ecosystem potential, the following list has been flagged as prominent figures in the RWA sphere.
Market Leaders in RWA Tokenization
Ondo Finance ($ONDO) is at the forefront with a market cap of $3.38 billion and an FDV of $10.7 billion. Its historical peak FDV was at $21.3 billion, showing interest and institutional traction in investors. $GFI, another important project, runs at a smaller scale with a $89.2 market cap and an FDV of $110 million, but had a high peak FDV of $1.64 billion, indicating past market momentum.
Curve DAO Token ($CRV) trades at $2.01 with a market cap of $1.089b. Its FDV is $1.05 billion, and its estimated ATH FDV is $11.9 billion. The existence of RSR on the top positions indicates continuous ecosystem development/support from the community. The two others that stand out prominently are MANTRA ($OM) and Plume Network ($PLUME), bearing respective FDVs of $752 million and $2 billion, marking their place within the mid-to-high-ranked RWA ventures.
Emerging Contenders with Growth Potential
WhiteRock ($WHITE) has a market cap of $340 million and an FDV of $524 million, valued at $0.00052. It previously recorded an ATH FDV of $1.71 billion. Creditcoin ($CTC) is currently trading at $0.746 market cap of $334 million. Its ATH FDV of $18.2 billion highlights massive prior valuation, so conditions favoring RWA segments may rekindle interest if market conditions support them.
FDVs are $641 million for Usual ($USUAL) and $95.7 million for Centrifuge ($CFG), building the foundational value. Their highest valuations reveal investor confidence in RWA utilities, especially in decentralized finance lending and asset onboarding.
Parcl ($PRCL), which focuses on real estate-backed tokens, has a value of $0.126 and a market capitalization of $62.1 million. Notwithstanding its smaller size, its ATH FDV of $921 million represents past market hope for real estate integration into blockchain finance.
