Elliptic, the blockchain analytics company known for helping institutions stay on the right side of crypto compliance, has struck a partnership with CoinGecko to improve pricing data for crypto assets. The particular focus: tokenized real-world assets, or RWAs, the category that’s been quietly becoming one of crypto’s most consequential growth stories.
Why pricing RWAs is harder than it looks
Pricing a token that represents, say, a fraction of a US Treasury bond or a piece of commercial real estate isn’t the same as pricing Bitcoin. Bitcoin trades 24/7 on hundreds of exchanges with deep liquidity. A tokenized apartment building in Miami does not.
The RWA sector reached $13.5 billion by the end of 2024 and is projected to grow into the trillions by 2030. Those numbers explain why two of the industry’s more established players would prioritize getting valuation right.
CoinGecko, as one of crypto’s leading independent data aggregators, already tracks thousands of tokens and provides pricing analytics to millions of users. Elliptic, meanwhile, serves over 700 customers across 30 countries and reviews more than one billion transactions every week.
