RWA market capitalization increased by 256.7% over 15 months, reaching $19.32 billion by the end of Q1

According to the latest data released by CoinGecko, the tokenized asset market is accelerating.
The market capitalization of tokenized RWA increased from $5.42 billion at the beginning of 2025 to $19.32 billion at the end of Q1 2026, a growth of 256.7% over 15 months.
Among them, the market value of tokenized commodities rose to $5.55 billion, mainly driven by gold-backed tokens such as XAUT and PAXG;
The Q1 spot trading volume of tokenized gold reached $90.7 billion, surpassing the total of $84.6 billion for all of 2025.
The Q1 spot trading volume of tokenized stocks reached $15.12 billion, exceeding the total for the second half of 2025;
RWA perpetual contracts Q1 trading volume reached $524.79 billion, also significantly higher than the total of $313.02 billion for all of 2025.

XAUT0.22%
PAXG0.18%
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