Tokenized RWA market is expected to reach $400 billion by 2030, an increase of over 1000%

Mars Finance reports that market maker Keyrock and tokenization platform Securitize released a joint report on April 9, predicting that the on-chain freely transferable distributed RWA market will grow from the current approximately $29 billion to $400 billion by 2030 under a baseline scenario, an increase of over 1,000%. The broader blockchain-tracked RWA market is expected to reach $50 trillion during the same period. The report covers five major asset classes: government bonds, private credit, stocks, commodities, and alternative funds. Among them, RWA perpetual contracts are the fastest-growing on-chain channel, with trading volume increasing 40 times in six months to an average of $67 billion per month, accounting for a jump from 0.1% to 10.1% of total on-chain derivatives volume, and are projected to reach 50% of total on-chain derivatives by 2028. The report also notes that the yield on tokenized government bonds has been higher than the DeFi benchmark stablecoin lending rate on 64% of days since mid-2024, reaching 98% in the first quarter of 2026. Currently, tokenized RWA accounts for less than 0.1% of the global $400 trillion tokenizable market.