Real-World Assets
Only sector with clean institutional inflows AND best 2025 ROI. Growth is durable; majors are richly priced — edge is in the sub-niches (private credit, equities) before category ETFs.
Real-World Assets (RWA)
HOTMarket cap
$30B
12-mo trend
+167%
3-mo accel
-28 pts
| 1 | Figure HELOC | $19.7B | Tokenized home-equity credit — largest RWA asset |
| 2 | Chainlink | $6.0B | Oracle + cross-chain rails; core RWA settlement infra |
| 3 | Ondo Finance | $4.9B | Tokenized Treasuries & yield; instant mint/redeem |
| 4 | BlackRock BUIDL | $2.8B | Institutional tokenized money-market fund |
| 5 | Franklin Templeton BENJI | $2.5B | Regulated on-chain gov't money fund |
Private credit — ~$3.2B on-chain, +180% YoY — highest-growth RWA slice
Tokenized Treasuries — ~$14.8B, 82 assets; the mature anchor of RWA
Tokenized equities/stocks — Uniswap + issuers launching on-chain stocks in 2026
Tokenized real estate — Early, illiquid, but large TAM if rails mature
Tokenized commodities (gold) — PAXG/XAUT steady safe-haven demand
Thesis: Only sector with clean institutional inflows AND best 2025 ROI. Growth is durable; majors are richly priced — edge is in the sub-niches (private credit, equities) before category ETFs.
FAQ
- Is Real-World Assets still growing in 2026?
- Only sector with clean institutional inflows AND best 2025 ROI. Growth is durable; majors are richly priced — edge is in the sub-niches (private credit, equities) before category ETFs.
- What are the top Real-World Assets projects?
- Figure HELOC, Chainlink, Ondo Finance, BlackRock BUIDL, Franklin Templeton BENJI.
- What are the emerging niches in Real-World Assets?
- Private credit (~$3.2B on-chain, +180% YoY — highest-growth RWA slice) Tokenized Treasuries (~$14.8B, 82 assets; the mature anchor of RWA) Tokenized equities/stocks (Uniswap + issuers launching on-chain stocks in 2026) Tokenized real estate (Early, illiquid, but large TAM if rails mature) Tokenized commodities (gold) (PAXG/XAUT steady safe-haven demand)
Educational content, not financial advice. Back to all sectors →