Report: The global RWA tokenization market value is approximately 321 billion US dollars, with most still in the "packaging" stage According to The Block, Pantera Capital's latest report states that the current global market value of tokenized real-world assets (RWAs) is approximately $321 billion, covering 542 types of assets. However, the average on chain maturity score is only 2.04/5, with approximately 77.6% still in the low maturity stage of only "packaging" traditional assets on the chain, and only 2.7% reaching the native on chain form. The report points out that by 2025, there will be 168 newly launched tokenized assets, an increase of 115% compared to 2024, and the overall market value will increase by about 60% compared to approximately $2006 billion, showing a trend of "quantity expansion faster than depth improvement". Stablecoins account for approximately 91.6% of the total market value (about $293 billion), and are still the only category with significant scale and on chain practicality.