Active tokenized RWAs surge almost 600% despite crypto pullback: Binance
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- Binance Research said active tokenized RWAs surged 589% from early 2025 to June 2026 in its Monthly Market Insights report, framing 2026 as the sector's shift "from a Treasury-dominated narrative into a diversified yield ecosystem."
- Tokenized bonds and money market funds led the sector in dollar terms, growing 83% and adding $6.5 billion in value during the period.
- Tokenized stocks posted 422% market-value growth, with Ondo Global Markets surpassing $1 billion in TVL within eight months of launch.
- Tokenized precious metals added $1.5 billion (39%), with tokenized gold briefly topping $6 billion in January–February 2026 on geopolitical safe-haven demand before cooling alongside underlying gold prices.
- xStocks cleared $25 billion in cumulative trading volume within roughly eight months of launch, notably offering tokenized SpaceX shares through Kraken.
- The Clearing House, backed by JPMorgan Chase, Citibank, Bank of America, BNY, and Wells Fargo, plans to launch a tokenized deposit network next year, per The Wall Street Journal.
- Apex Group began providing fund services using Goldman Sachs' Digital Asset Platform in real estate, underscoring institutional demand for blockchain-based settlement and administration.
Why it matters: The data positions tokenization as a parallel financial system rather than a crypto-correlated trade: while Bitcoin fell sharply in early June 2026, active tokenized RWAs grew 589% over 18 months, with The Clearing House (backed by JPMorgan, BNY, Wells Fargo, Citi, BofA) and Goldman Sachs' DAP building settlement rails — suggesting institutions view tokenized assets as core infrastructure, not a side bet.
