The world is becoming tokenized.
Three years ago onchain RWAs were a $1B market dominated by tokenized gold.
Today it's over $16B across eight asset categories.
Tokenized bonds drove the first wave growing from $53M to $8.68B in three years. Now the market is diversifying. Public equities went from nothing to nearly $900M. Private credit, reinsurance, and equity indices all crossed $100M.
It's starting to look like a real financial system.

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