The tokenized real-world assets market hit $33.7B in May 2024, up from under $1B in early 2023, as institutional giants like BlackRock join the space.

The distributed market structure suggests the RWA landscape has not yet consolidated around a clear winner.

Solana’s tokenized real-world asset market expanded 43% in the first quarter, even as broader crypto markets weakened.

The tokenized real-world assets market hit $33.7B in May 2024, up from under $1B in early 2023, as institutional giants like BlackRock join the space.