RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA, seen as the next growth engine for the crypto market, is heating up, with major institutions such as Binance and Goldman Sachs making moves in the face of trillions of dollars in funding.

92 articles
RWA不只是概念：2026年第一季度市场格局与重点项目深度研究
本文系统梳理了2026年第一季度RWA（真实世界资产）赛道的最新发展，从资产结构、市场分层到核心项目进行全面分析。文章重点解析了Ondo、BUIDL、Maple、Ethena等代表性项目，揭示RWA从“资产上链”向“收益金融化”演进的关键趋势，并构建出链上利率市场的整体框架。适合关注加密金融、DeFi与机构入场趋势的读者深度阅读。
137Labs
A Pokémon trading card sold for a record-breaking $16.5 million, a testament to the synergy between TCG and Web3.
Elementary school students' pocket money has now become a multi-billion dollar industry. This article provides an in-depth analysis of the TCG market rules, cycles, and Web3 changes, exploring the tokenization trend of physical trading cards (RWA) and new opportunities for on-chain transactions.
Kathy
With a market share exceeding 61%, has Ondo become the undisputed leader in tokenized stocks? What new developments are there to watch?
Ondo Finance leads the tokenized stock market with over 60% market share, supporting 265 assets and offering 24/7 low-slippage trading. This article will delve into Ondo's triple advantages in asset coverage, trading experience, and ecosystem access, revealing the core strategies and future growth logic behind its dominant position.
深潮TechFlow
Re-examining RWA: Nearly 50,000 people's first on-chain transactions were not Bitcoin, but rather stock indices and crude oil traded via Hyperliquid.
RWA is not just about trading and holding; it's also creating new downstream demand: on-chain stock options and on-chain stock lending markets.
Bonna | U酪乳
After $25 billion: BlackRock and JPMorgan Chase simultaneously bet on RWA, reaching its tipping point.
$25 billion is the result of the past few years, and also the starting line for the next decade. This transformation has only just begun.
RWA研究院
RWA's narrative is so strong, so why are all RWA-related coins falling? I think the logic was flawed from the start.
On-chain government bonds exceed $4 billion, and the RWA narrative looks promising, but the token has plummeted by over 90% from its peak. The problem isn't that retail investors can't get in; it's that the token's economic model was flawed from the start.
JiaYi
战争、石油与加密货币的奇妙联结：Hyperliquid油价衍生品何以成为宏观定价新枢纽？
随着中东地缘政治局势的急剧恶化，美以与伊朗之间的冲突正在将全球大宗商品市场推向一个新的波动极值。在这一宏观背景下，一个过去主要存在于加密货币原生叙事中的现象正在真实发生：去中心化交易所（DEX）正在接管传统大宗商品的尾部与突发风险定价权。
Max.S
From OpenClaw to the $25 billion RWA market: How AI agents can quietly take over on-chain assets
The on-chain economy comprised of AI agents was quietly launched in a version update in March 2026.
RWA研究院
OKX Ventures Research Report: RWA Perpetual Contracts, DeFi Devours the Last Piece of Wall Street's Puzzle (Part 2)
Explore how RWA perpetual contracts are reshaping financial pricing power and global liquidity distribution, conduct in-depth analysis of the Hyperliquid ecosystem, regulatory challenges, and offshore market opportunities, and reveal the future trend of DeFi integration with traditional finance.
OKX
RWA Perpetual Contracts: DeFi Devours the Last Piece of Wall Street's Puzzle
Trading everything, the market never closes.
OKX
香港金管局、上海数据局、国家区块链中心三方签约：贸易融资的RWA时代还有多远？
当数据作为一种关键生产要素，能够合规、高效地跨境流动，并最终转化为金融资产时，贸易融资的范式革命就将真正到来。
RWA研究院
Institutional Guide: Asset Allocation Portfolio, the Highway for Capital to Enter DeFi
Nobody's buying your RWA assets? Because you haven't understood the on-chain "distribution stack."
Block Unicorn
Bitwise: A weekend attack accelerated the on-chain migration across the entire financial world.
Institutions like the NYSE will gradually shift to tokenized markets, just as they did when they moved from exchange-traded to electronic trading.
Foresight News
A New Pre-IPO Narrative: Can Retail Investors Invest in SpaceX? The Path to Breakthrough in Private Equity Tokenization
MSX and Republic have partnered to launch a pre-IPO private equity tokenization zone, sparking market interest in putting primary market assets on-chain.
137Labs
US Stock Market Logic + On-Chain 72-Hour Trading: Detailed Explanation of Mechanisms and Market Data
Tokenized US stocks are still in their early stages, but extended trading hours and on-chain composability are changing the way assets circulate, providing new technological pathways for cross-market trading structures.
137Labs
RWA市场资金流动洞察：逆周期增长、结构分化与新一轮市场赢家
在宏观不确定与加密市场熊市背景下，RWA赛道呈现出明显逆势增长与结构性分化趋势。
CoinFound
巨头入场与资产重构：金银剧震背景下的链上化投资逻辑
本文用近期金银市场行情作为样本，说明机构为什么越来越偏好代币化资产。
Tiramisu AI
RWA跨链清算真相：谁在构建机构级结算底座
那些只会发币、却解释不清跨链失败后法律责任归属的协议，注定会被清洗出局。真正的强者，是那些能在多链环境下，依然能提供单一、可验证、具备法律效力的真实源头的人。
Pharos Research
Global listing, 24-hour stock trading? An analysis of the NYSE's on-chain "strategy".
The deeper significance of this process goes beyond technological upgrading; it is more akin to a stage-by-stage evolution in the mode of capital formation.
加密沙律
DigiFT x CoinFound：RWA 2026展望——决战金融基础设施
RWA的竞争已经进入“下半场”。关键不再是“把什么资产搬上链”，而是“如何建立合规、高效、可组合的金融基础设施来分发和流转这些资产”。这标志着RWA从一个“技术概念”正式演变为一个“金融基础设施”的结构性迁移。
CoinFound