Tokenized Assets: 1,473 Assets, $476M Value, $35B Market
At the Blockworks Digital Asset Summit, Mantle’s Joshua Cheong and industry leaders from HyperliquidX and AlpacaHQ discussed the transition of the RWA market from billions to trillions in value. Data indicates that the number of tokenized assets tracked by RWA.xyz has surged from 71 in January to 1,473 by October, with a total market value exceeding $35 billion. While the initial phase of tokenization focused on replicating regulated assets on public chains, the current focus is shifting toward demand-driven liquidity and distribution. Current growth is constrained by pre-funded, balance-sheet-heavy models, necessitating a shift toward secondary demand and collateral reuse to increase velocity. Mantle is positioning its EVM-compatible layer-two network as a liquidity chain to support 24/7 settlement and cross-chain collateral mobility. By integrating assets across exchanges and DeFi protocols like Aave and Morpho, the industry aims to move beyond crypto-native channels to reach broader institutional adoption. Projections from firms like BCG and McKinsey suggest that if infrastructure costs decrease and liquidity improves, the market could reach $2-10 trillion by 2030.
