How RWA Adoption is Spreading Across Crypto Markets

The distributed real-world asset market reached $39.3 billion, with tokenized U.S. Treasury funds holding $14.7 billion, or about 37%, and tokenized commodities rising to about $8 billion by late September 2026 from $3.1 billion at the end of 2025. These assets are blockchain representations of claims on off-chain holdings, giving qualifying buyers a way to collect Treasury yield or track companies and commodities from crypto wallets. Ondo Finance develops OUSG and Ondo Stocks, while Securitize administers tokenized shares of BlackRock's BUIDL fund on Ethereum and Solana, and BlackRock manages the portfolio while BNY Mellon custodies cash and securities.