The concept of real-world assets (RWA) on blockchain has rapidly evolved from speculative idea to a cornerstone of the decentralized finance (DeFi) landscape. Once dismissed as a niche experiment, the RWA sector now commands over $23 billion in total value locked—an explosive 260% growth from just $8.6 billion earlier this year. This surge reflects a growing institutional appetite for tokenizing tangible assets like real estate, private credit, gold, and U.S. Treasury securities.
By transforming physical or legal assets into digital tokens, innovative blockchain platforms are bridging traditional finance (TradFi) with the transparency, efficiency, and global accessibility of Web3. Experts project that asset tokenization could unlock up to $30 trillion in value by 2030. Even if only a fraction of that forecast comes true, the implications for financial markets are profound—potentially surpassing the market capitalization of Bitcoin within the decade.
While long-term projections are compelling, the real action is happening now. In 2025, several pioneering platforms are leading the charge in bringing real-world value on-chain. These projects combine regulatory compliance, institutional partnerships, and scalable infrastructure to deliver tangible utility beyond speculation.
Let’s explore five RWA platforms making significant strides this year.
Mavryk: Tokenizing Luxury Real Estate at Scale
Mavryk is a purpose-built Layer-1 blockchain designed specifically for real-world asset tokenization. Unlike general-purpose blockchains, Mavryk offers native support for RWA standards, an integrated marketplace for trading tokenized assets, a self-custodial wallet, and liquidity mining incentives—all aimed at accelerating adoption.
One of its most notable achievements in 2025 is a landmark partnership with Dubai-based MultiBank Group—the world’s largest financial derivatives institution—and MAG, a leading luxury real estate developer. Through this collaboration, $3 billion worth of high-end properties are being tokenized and brought onto the blockchain via Mavryk’s infrastructure.
This move enables fractional ownership, increased liquidity, and 24/7 global trading of premium real estate assets—features traditionally absent in the property market. For TradFi institutions watching from the sidelines, Mavryk demonstrates how blockchain can modernize legacy asset classes without compromising security or compliance.
👉 Discover how asset tokenization is reshaping real estate investment
Ondo Finance: Bringing U.S. Treasuries On-Chain
Ondo Finance stands as one of the most influential players in the RWA space, known for democratizing access to institutional-grade financial instruments. Its flagship product, OUSG, represents a tokenized version of short-term U.S. Treasury bonds issued on the XRPL blockchain.
With a total value locked (TVL) exceeding $1.3 billion, Ondo supports ten major blockchains and has integrated over 100 ecosystem projects. But its most groundbreaking development came when it became the first RWA protocol integrated into the Mastercard Multi-Token Network (MTN).
This integration allows businesses on MTN to access OUSG tokens on public blockchains while settling payments through traditional banking systems—a hybrid model that satisfies both innovation and regulatory requirements. It’s a powerful example of how blockchain-based assets can coexist with existing financial rails.
For investors seeking low-risk exposure to U.S. government debt with enhanced liquidity and transparency, Ondo Finance offers a compelling solution.
Tradable: Unlocking Private Credit Through Tokenization
Founded in 2022 and officially launched in early 2025, Tradable has quickly emerged as a dominant force in private credit tokenization. Built on ZKsync Era—one of the fastest-growing Layer-2 networks—it currently manages over $2 billion in tokenized assets, making it the second-largest RWA platform after Ethereum-based protocols.
Tradable enables asset managers and private lenders to tokenize loans and offer them to blockchain-savvy investors. With 30 institutional-grade credit positions already live, the platform provides diversified yield opportunities backed by real economic activity—not just speculative trading.
Backed by top-tier investors including ParaFi Capital, Victory Park Capital, Janus Henderson Investors, Matter Labs, and Spring Labs, Tradable is positioning itself as the go-to infrastructure for TradFi institutions exploring Web3.
Its success underscores a growing trend: sophisticated investors aren’t just dipping their toes into crypto—they’re deploying capital into yield-generating, real-world backed instruments with clear risk-return profiles.
👉 See how private credit is being reimagined on-chain
Securitize: The Institutional Gateway to Tokenized Assets
Securitize remains the world’s largest tokenization platform by asset value and continues to expand its influence in 2025. Known for its compliance-first approach, Securitize serves as a trusted bridge between Wall Street and Web3.
Last year, it made headlines as BlackRock’s transfer agent for the BUIDL fund—a tokenized version of U.S. Treasuries. In 2025, it deepened its institutional footprint by partnering with Apollo Global Management to launch ACRED, a diversified tokenized fund offering exposure to corporate and asset-backed credit.
What sets Securitize apart is its robust regulatory framework and seamless integration with multiple blockchains, including Solana and Ink. This multi-chain capability ensures that issuers can reach broader investor bases while maintaining compliance across jurisdictions.
For institutions hesitant about crypto volatility but eager to explore blockchain efficiencies, Securitize offers a secure, regulated pathway into asset tokenization.
HEALE: Revolutionizing Logistics With DePIN
HEALE—short for Hyper Enabled Autonomous Logistics Ecosystem—is an ambitious DePIN (Decentralized Physical Infrastructure Network) project targeting the $10 trillion global supply chain and logistics industry. Based in Miami and preparing for its node sale, HEALE already manages $1.21 billion in freight value from major brands eager to adopt its upcoming blockchain-powered logistics network.
By incentivizing shippers, freight brokers, and carriers to share real-time shipment data on-chain, HEALE improves transparency, reduces fraud, and optimizes routing. Participants are rewarded with native tokens for contributing data and network resources.
This model not only enhances operational efficiency but also creates new revenue streams for logistics providers—turning underutilized data into monetizable assets.
With backing from Venture 53, a specialized supply chain technology fund, HEALE exemplifies how RWA platforms can go beyond finance and transform entire industries through decentralized infrastructure.
Frequently Asked Questions (FAQ)
Q: What are real-world assets (RWA) in crypto?
A: Real-world assets refer to physical or legally recognized assets—such as real estate, bonds, commodities, or loans—that are represented as digital tokens on a blockchain. This process, known as tokenization, enables fractional ownership, improved liquidity, and global accessibility.
Q: Why is RWA growth accelerating in 2025?
A: Increased institutional interest, regulatory clarity in certain jurisdictions, and advancements in blockchain scalability and compliance tools have created favorable conditions for RWA adoption. Platforms now offer secure, auditable ways to tokenize assets while meeting legal standards.
Q: Are tokenized assets safe to invest in?
A: While RWA platforms often include stronger fundamentals than purely speculative tokens, risks remain—including regulatory changes, counterparty risk, and smart contract vulnerabilities. Always conduct thorough due diligence before investing.
Q: How does asset tokenization benefit traditional industries?
A: Tokenization reduces friction in asset transfer, lowers entry barriers through fractional ownership, enables 24/7 trading, and increases auditability. Industries like real estate, logistics, and private credit stand to gain significant efficiency improvements.
Q: Can I trade tokenized assets like regular cryptocurrencies?
A: Some platforms allow secondary market trading of tokenized assets, though access may be restricted based on jurisdiction and investor accreditation due to regulatory requirements.
Q: What role do blockchains play in RWA projects?
A: Blockchains provide an immutable ledger for tracking ownership, enable automated settlements via smart contracts, ensure transparency, and facilitate cross-border transactions without intermediaries.
The real-world asset revolution is no longer theoretical—it’s unfolding in real time across finance, real estate, logistics, and beyond. The five platforms highlighted here—Mavryk, Ondo Finance, Tradable, Securitize, and HEALE—are not just experimenting; they’re delivering functional solutions that address long-standing inefficiencies in traditional systems.
As more institutions recognize the value of on-chain assets, expect broader adoption, deeper liquidity pools, and increasingly sophisticated use cases.