Castle Labs Report: The RWA market size has reached $28.2 billion, but DeFi penetration is only about 10%

robot
Abstract generation in progress
ME News Report, June 24 (UTC+8), Castle Labs released an industry report on RWA stating that the on-chain tokenized real-world assets (RWA) have reached $28.2 billion, a roughly 500% increase from early 2025, with a peak of $31.8 billion. Currently, tokenized US Treasuries and money market funds remain the largest categories, totaling about $17 billion, accounting for nearly 60% of the entire RWA market, with BlackRock BUIDL and Hashnote USYC both surpassing $3 billion in scale. The report also points out that tokenized stocks have become one of the fastest-growing RWA sub-sectors, growing over 170% this year, significantly outpacing the approximately 60% growth rate of tokenized US Treasuries. Castle Labs believes that the expansion of stablecoins, institutional capital inflows, and the advancement of regulatory frameworks such as CLARITY and MiCA are driving traditional financial assets to continue on-chain, but the industry's biggest bottleneck has shifted from asset issuance to redemption mechanisms and DeFi composability. Currently, only about $3 billion of the approximately $28.2 billion on-chain RWA has entered DeFi, with a penetration rate of about 10%. (Source: ChainCatcher)
RWA-2.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments