The Rise of RWA in Blockchain Finance: Market Overview for the First Half of 2025

An industry report released on June 26, 2025, reveals the significant growth and transformative potential of Real World Asset (RWA) tokenization within the Blockchain ecosystem. Since only $5 billion in 2022, the RWA market has surged to over $24 billion by mid-2025, firmly establishing itself as the second fastest-growing sector in cryptocurrency.

The report indicates that institutional adoption has shifted from the pilot phase to large-scale deployment, a change driven by the continuous improvement of infrastructure and the support of several major financial institutions. As RWA tokenization gradually becomes a bridge connecting traditional finance and Blockchain, innovative compliant DeFi integration and complex pricing oracles lay the foundation for building an efficient, transparent, and liquid global asset market.

The following are the main points of the report:

1. The RWA tokenization market surged from $5 billion in 2022 to over $24 billion in June 2025, a growth of 380%. Industry forecasts indicate that by 2030-2034, 10% to 30% of global assets could be tokenized, potentially connecting over $400 trillion of traditional financial assets to the Blockchain.

2. Asset tokenization has steadily transitioned from the pilot experiment stage to large-scale institutional adoption in 2024-2025. By December 2024, the market for tokenized real assets has reached $15.2 billion, and by June 2025, it has surpassed $24 billion, achieving an 85% annual growth.

3. The current wave of institutional adoption reflects years of infrastructure development. Several major financial institutions have moved from experimentation to large-scale application. At the same time, governments around the world are increasingly viewing Blockchain as a key infrastructure for modernizing traditional financial systems and addressing macroeconomic structural challenges.

4. Through the integration of DeFi within a regulated framework, RWAs have entered a new growth phase, transforming historically illiquid assets into composable financial primitives. Multiple innovative platforms allow institutional assets to gain DeFi liquidity while maintaining compliance, creating potential opportunities for yield amplification and secondary markets.

5. By June 2025, private credit has become the largest RWA tokenization segment, reaching a scale of $14 billion, demonstrating strong institutional interest in the native Blockchain credit market. Tokenization addresses the main limitations of the industry by reducing operational costs, improving access, and distribution.

6. RWA Oracles represent a fundamental transformation that requires the adoption of a completely new technological system. Professional providers are leading the way in driving complex pricing mechanisms, laying the groundwork for institutional adoption. The pricing of RWA needs to integrate complex frameworks such as Net Asset Value (NAV), regulatory compliance, and liquidity adjustments, providing critical infrastructure for the integration of trillions of dollars in tokenized assets into Decentralized Finance (DeFi).

As the tokenization of RWA continues to develop, the industry expects that by the early 2030s, the proportion of asset tokenization is expected to reach 30%. This trend showcases a bright future of releasing trillions of dollars in value through Blockchain, bringing revolutionary changes to global financial markets.