On-chain RWA market cap hits all-time high of $33.7B

According to data from RWA.xyz, the market capitalization of on-chain tokenized real-world assets (RWA) has surpassed $33.7 billion, reaching an all-time high. A recent influx of approximately $1.5 billion has primarily flowed into Ethereum-based tokenized U.S. Treasury products. Key growth drivers include Franklin Templeton's new tokenized product, iBENJI, and sustained inflows into BlackRock's BUIDL.