Tokenized real-world assets hit record $33.8B, surging 16-fold in two years

Huo Xing Finance cited The Kobeissi Letter as saying the total value of tokenized real-world assets (RWA) has climbed to a record $33.8 billion, up roughly 1,600% over the past two years as adoption accelerates. The expansion has been fueled by on-chain platforms such as Jupiter working with institutional firms including Securitize, xStocks and Ondo Finance to roll out tokenized products, driving a 34% week-over-week jump in trading volume. Separately, Bloomberg reported this week that the U.S. Securities and Exchange Commission (SEC) is leaning toward allowing trading in tokenized assets, a move that would signal a major shift in U.S. crypto market infrastructure policy.