Binance CEO: On-Chain RWA Market Surges 589% Since Early 2025, Led by Bonds and Stocks
Infrastructure
Binance CEO Richard Teng reported that the on-chain Real-World Asset (RWA) market has experienced a massive 589% expansion since the beginning of 2025. This growth is primarily driven by bonds and money market funds, which contributed $6.5 billion in new on-chain value. Additionally, the stocks and indices sector saw a significant $2.2 billion increase, while precious metals added $1.5 billion to the ecosystem. Notably, stocks and indices achieved the highest growth rate at 422%, reflecting a surge in institutional demand for tokenized equity products. This trend highlights the increasing integration of traditional financial assets onto blockchain networks to improve liquidity and settlement efficiency. The rapid adoption of these assets signals a shift toward mainstream institutional DeFi usage as traditional finance and crypto markets continue to converge. Such growth underscores the transition of tokenization from an experimental phase to a foundational component of the global digital asset economy.
Key points
- ▸On-chain RWA market expanded 589% since early 2025, according to Binance CEO Richard Teng.
- ▸Bonds and money market funds led with $6.5 billion in total value added.
- ▸Stocks and indices segment recorded the highest growth rate at 422% since 2025.
- ▸Precious metals contributed $1.5 billion to the overall on-chain RWA market expansion.
Background
Real-World Assets (RWAs) are digital tokens on a blockchain that represent ownership of tangible or financial assets like bonds, stocks, or commodities. By tokenizing these assets, issuers enable fractional ownership, 24/7 trading, and near-instant settlement, bridging the gap between traditional finance and decentralized protocols.
Relevance
8.5/10