[a16z: Tokenized Traditional Assets Excluding Stablecoins Surpass $35 Billion] a16z crypto posted on the X platform stating that, according to rwa.xyz data, the scale of tokenized traditional assets excluding stablecoins has surpassed $35 billion, nearly tripling compared to a year ago when the 'Genius Act' was passed, with U.S. Treasury-related assets accounting for the largest proportion. a16z crypto noted that the 'Clarity Act' provides regulatory assurance for the on-chain infrastructure of such assets, and whether the scale can continue to grow depends on the outcome of next week's vote on the act.