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Tokenized Real-World Assets Top $51 Billion Market Cap, Bernstein Notes

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2026-06-22 14:30:52
The tokenized real-world asset (RWA) market’s total market capitalization has surpassed $51 billion, rising 40% year-to-date, Bernstein analysts said.

According to NS3.AI, private credit remains the largest tokenized asset class at roughly 47% of the market, followed by U.S. Treasurys at approximately 30%.

Bernstein also said tokenized equities have expanded 130% year-to-date, as platforms compete on trading, settlement, and exchange models.
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