RWA Tokenization Reaches New All-Time High: 11% Growth this Week

Cryptocurrencies facilitating real-world asset (RWA) tokenization experienced a significant boost this week, with the market capitalization soaring to a record high. According to CoinMarketCap, this surge pushed the total market value beyond $75 billion last Friday. Projects like Chainlink, Avalanche, and Ondo Finance – all focused on RWA infrastructure – saw notable increases in their value, particularly Ondo Finance experiencing a 9% daily rise. This growth comes as tokenized asset values on the blockchain surpassed $29 billion for the first time this week, according to RWA.xyz.