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On-chain RWA market capitalization grows to $65 billion

MeNews
ME News Report, May 20 (UTC+8), the on-chain RWA market capitalization has exceeded $65 billion, an increase of approximately 44% from about $45 billion at the beginning of the year. Ethereum currently accounts for about 33% of the market share and is the main deployment network for institutional tokenized assets; Provenance Blockchain accounts for about 27%, with BNB Chain, XRP Ledger, and Solana each holding around 6%. The report indicates that as traditional asset management institutions accelerate the push to bring assets on-chain, various public blockchains are competing around institutional issuers; RWA liquidity is highly sticky, and once institutions complete the deployment of tokenization infrastructure on a specific chain, migration costs are usually high. (Source: MLion)
RWA-3.37%
ETH-4.61%
BNB-3.08%
XRP-3.54%
SOL-5.01%
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