ON–314: Real World Assets 🌍
Coverage on BUIDL, Tether Gold, Franklin Templeton, Maple Finance & Superstate
ON–314: Real World Assets 🌍
BUIDL | Tether Gold | Franklin Templeton | Maple Finance | Superstate
👥 rwa.xyz | Dashboard
📈 Tokenized RWAs – Excluding Stablecoins – Surpass $17.2B Onchain
The tokenized asset sector has doubled since 2024, reaching $17.2B, led by private credit and tokenized Treasuries. Private credit growth was driven by Figure's consumer products and Tradable's institutional platform, which tokenized $1.7B with Victory Park Capital, an asset manager focused on private asset-backed credit. Tokenized treasuries grew from $800M to $3.6B, with Hashnote's USYC, BlackRock's BUIDL, and Ondo's products leading. While early adoption favored legacy networks, institutions are now embracing Ethereum and newer networks.
In private credit, Figure led the growth with home equity lines of credit (HELOCs) on the Provenance Blockchain. Tradable partnered with Victory Park to bring $1.7B of institutional-grade private credit assets to ZKsync Era, a Layer 2, in January 2025. Maple Finance further expanded tokenized private credit through its decentralized lending platform.
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