RWAs reach $17B high as Bitcoin drops below $100K

Real-world assets (RWAs) have reached a new all-time high, reaching $17 billion, as Bitcoin's (CRYPTO:BTC) value fell below $100,000. 

This surge in RWAs comes amid a broader market correction in the cryptocurrency sector.

RWA tokenisation refers to the process of representing financial and tangible assets on the blockchain, enhancing accessibility and trading opportunities for investors.

According to data from RWA.xyz, the cumulative value of on-chain RWAs has now reached over $17.1 billion, with more than 82,000 asset holders involved.

Tokenised private credit emerged as the largest category within RWAs, valued at over $11.9 billion, making up 69% of the total RWA market.

In contrast, tokenised U.S. Treasury debt accounted for approximately $3.5 billion.

The increase in RWA value reflects a 10% rise over the past month, while Bitcoin's price has remained relatively stagnant, declining by 1.6%.

Marcin Kazmierczak, co-founder and COO of Redstone, noted that the growth of RWAs does not indicate a mass exit from Bitcoin but rather an evolution toward a more diversified crypto ecosystem.

“This isn’t a zero-sum game – RWAs’ 300% growth in 2024 complements rather than competes with Bitcoin,” he stated.

Industry experts predict that RWAs could see significant growth in the coming years, with some estimates suggesting a potential market size of up to $30 trillion by 2030.

Edwin Mata, CEO of Brickken, emphasised that institutional interest and regulatory clarity will drive this growth.

He remarked that tokenisation is set to become a cornerstone of modern finance and a leading narrative for blockchain technology moving forward.

At the time of reporting, the Bitcoin (BTC) price was $101,044.