Crypto
Tokenised real-world assets market tops $38.86 billion, next task is liquidity
The on-chain market for tokenised real-world assets (RWA) has risen above $38.86 billion, but analysts say the next challenge is improving liquidity and practical use rather than simply increasing the number of listed assets. Castle Labs said tokenised assets must be able to move across exchanges, trade with deep liquidity and be used as loan collateral. Data show Ethereum holds the largest share, while regulatory and infrastructure efforts continue amid concerns over fragmentation.