Tokenized real-world assets (RWAs) experienced a 229% growth in 2025, rising from $5.5 billion to $18.1 billion, primarily driven by tokenized U.S. Treasurys which doubled to $8.68 billion. This surge reflects increasing institutional adoption and demand for dollar yield, positioning RWAs for continued expansion into 2026. Tokenized U.S. Treasurys lead the market with over $4.9 [...]