According to a CryptoSlate article, the on-chain size of the RWA tokenization market has approached $30 billion, but the active TVL actually entering DeFi protocols is only about $2.47 billion, less than 10%. Citing data from DefiLlama, the article notes that RWAs like bonds, money market funds, gold, commodities, and stocks mostly use permissioned issuance, KYC, and transfer agent frameworks, which limit their entry into open DeFi protocols. On the other hand, private credit, originally designed for lending scenarios, has a relatively higher DeFi usage rate at around 39%. The article suggests that the current RWA market is splitting into two paths: 'regulated on-chain finance' and 'DeFi composable assets.' https://(wublock123.com)/news/rwa-tokenized-assets-300b-under-10-percent-in-defi-61294