RWA token market grew 589% since start of 2025, Binance reports

The real-world asset (RWA) tokenization market has grown by approximately 589% from the beginning of 2025 to June 2026, Binance reported. Bonds and money market funds (MMFs) have led this expansion in dollar terms, with firms like BlackRock, Fidelity, Circle, and Ondo (ONDO) continuing to enter the space. The public equity sector experienced particularly sharp growth, expanding by 422%. Additionally, the market for more exotic RWAs, from reinsurance to GPU tokens, grew by 72%, indicating a diversification beyond a structure centered on government bonds.