Tokenized assets exceed $25 billion after nearly quadrupling in a year Treasurys, private credit, and commodities are driving growth, but most tokenized assets remain isolated from DeFi markets. What to know: - Tokenized real-world assets excluding stablecoins have surged to more than $25 billion onchain, nearly quadrupling in a year, with six categories now exceeding $1 billion each. - Much of the growth reflects large, infrequent institutional allocations rather than active secondary trading, as issuers prioritize capital formation and fundraising efficiency over liquidity. - Only about 12%

Tokenized assets exceed $25 billion after nearly quadrupling in a year Treasurys, private credit, and commodities are driving growth, but most tokenized assets remain isolated from DeFi markets. What to know: - Tokenized real-world assets excluding stablecoins have surged to more than $25 billion onchain, nearly quadrupling in a year, with six categories now exceeding $1 billion each. - Much of the growth reflects large, infrequent institutional allocations rather than active secondary trading, as issuers prioritize capital formation and fundraising efficiency over liquidity. - Only about 12%