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CryptoWorld News reports that the RWA tokenization market had a market capitalization of 5.8 billion USD in early 2025, and it has now exceeded 30.2 billion USD, representing growth of more than 420%. Among them, the market value of tokenized U.S. Treasury bonds increased from 3.9 billion USD to over 15.0 billion USD, becoming the main driver of growth in the RWA market. Analyst Dominick John said that tokenized Treasuries provide institutional capital with compliant on-chain yield access, driving market expansion. As regulatory transparency improves, the RWA market has attracted more institutional investors.