Tokenized real-world assets worth $30 billion.

Less than 5% actively used as collateral, integrated into structured products, or deployed in DeFi.
That gap is not a regulatory issue.
It is a composability issue.
Tokenization puts assets on-chain.
That's the first step.
Making those assets operable — usable as collateral, deployable across protocols, movable between chains — is the real key.
Currently, most tokenized assets are digital receipts sitting in isolated environments.
They are on-chain.
They do not function on-chain.
LayerZero and Centrifuge recently mapped the industry's position and what is still missing.
The conclusion is simple:
The next frontier of RWA is not more tokenization.
It is utility.
Instantly pledgeable collateral.
Programmatically assembled structured products.
Yields flowing across chains without manual intervention.
That's what transforms tokenization from $30B issuance market into a multi-trillion dollar capital market.
Most people think tokenization is the goal.
It is not.
Tokenization is onboarding.
Composability is what turns assets into capital.
The winners are not the platforms that tokenize assets.
They will be the infrastructure that makes tokenized assets usable everywhere.
$CFG $ZRO