The market capitalization of the RWA sector has reached a record high of $76 billion, with on-chain asset scale surpassing $29 billion.

ChainCatcher news, according to CoinMarketCap data, over the past week, the overall RWA sector tokens have risen by 11%, with market capitalization increasing from $67 billion to a record high of $76 billion.

RWA-related projects include oracle provider Chainlink, L1 public chain Avalanche, and institutional-grade RWA DeFi platform Ondo Finance, among which Ondo rose 9% in a single day. Data from RWA.xyz shows that the total scale of on-chain tokenized assets surpassed $29 billion for the first time this week, nearly doubling since the beginning of the year. More than half of these are tokenized private credit, about a quarter are tokenized US Treasuries, and the rest are commodities, alternative funds, stocks, and bonds. Including stablecoins, the total scale of on-chain assets has reached $307 billion, with more than three-quarters deployed on Ethereum and its L2 networks.

Industry insiders say the US government is promoting tokenization to accelerate market modernization, and Wall Street and fintech companies are also incentivized to speed up their deployment. In addition, the world's largest asset management company BlackRock is studying the tokenization of ETFs, having previously launched a $2.2 billion tokenized money market fund BUIDL on Ethereum.

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