RWA market cap hits $65B, with Ethereum accounting for 33%

The global market capitalization of real-world assets (RWAs) has reached $65 billion, a 44% increase from $45 billion at the start of the year, according to The Block. The outlet noted that this growth shows asset managers are bringing tokenized assets on-chain at an accelerated pace. This trend has intensified competition among blockchains, with each investing heavily in business development to attract institutional investors. Currently, Ethereum accounts for approximately 33% of the total RWA market cap, while the Provenance blockchain holds about 27%.