RWA Sector Grows Most Actively in Crypto Market

On-chain analytics show that over the past month, the tokenized real-world assets (RWA) sector grew by nearly 60%, reaching a market capitalization of $8.86 billion. In comparison, Bitcoin and Ethereum saw price increases of only 14.2% and 26.3%, respectively, during the same period.

According to Artemis Terminal data, the RWA sector led the crypto market in growth rate in May. As of 14:00 (GMT+3) on May 10, the sector grew by 59.2% over the past 30 days. CoinGecko data confirms that the market cap of the tokenized real-world assets sector exceeded $8.8 billion.

The growth of the RWA ecosystem is driven by the active development of three tokenization protocols:

• Ondo — capitalization increased by 59.72% over the month, surpassing $12.5 billion;
• Clearpool — capitalization reached $215 million, with a monthly growth of 58.84%;
• Maple — the project’s capitalization increased by 30.12% over the month, reaching $168 million.

The growth of these protocols is directly related to the recent implementation of several high-profile tokenization projects and growing optimism about the sector’s long-term prospects. Key events in the sector include:

1. Galaxy Digital tokenized a Stradivarius violin valued at $9 million. The violin’s owner, Animoca Brands Co-Founder Yat Siu, plans to use the asset as collateral for a multi-million-dollar loan.
2. Watford F.C. offered about 10% of its shares for sale, tokenized on the Republic platform.
3. The U.S. House Financial Services Committee held a hearing on RWAs, where officials discussed the need for additional regulations to support tokenization.

It’s worth noting that the growth of the RWA sector last month significantly outpaced that of Ethereum and Bitcoin, which saw price increases of 26.3% and 14.2%, respectively. The worst-performing sectors were AI and DePIN, with declines of 23.5% and 19.2%, respectively, over the past 30 days.

Overall, the total value locked (TVL) in the RWA sector rose by 60% over the past year, attracting the attention of major TradFi participants. Recently, Standard Chartered successfully conducted pilot trials for asset tokenization, and Deutsche Bank began developing standards for RWA protocols.

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