Bullish

RWA Tokenization Drops 1.5% to $34.67B, Figure HELOC Leads Credit

2026-07-23 07:48:20

Total RWA assets fall to $34.67B as Treasuries grow 2.23%. Figure HELOC dominates credit with $20.1B representative value, while equities holders surge 75.71%.

Woofun AI data shows that the total distribution value of tokenized real-world assets declined to $34.67 billion, retreating from a July 10, 2026 peak of $35.2 billion. Tokenized US Treasuries remain the largest segment at $15.86 billion, posting a 30-day gain of 2.23% and an average 7-day yield of 3.30%. Circle's USYC leads this category with $2.96 billion, followed by BlackRock's BUIDL at $2.52 billion and Ondo's USDY at $2.16 billion. Ethereum hosts $7.1 billion in treasury tokens, BNB Chain holds $4.7 billion, and Stellar accounts for $1.2 billion.

Tokenized equities and ETFs reached $1.86 billion, up 15.10% over 30 days, with holder count jumping 75.71% to 671,490. Tokenized commodities fell 3.88% to $4.48 billion, while real estate stood at $202.63 million. The credit sector grew 2.87% to $6.93 billion in distribution, backed by $35.75 billion in representative value. Figure's HELOC Token on Provenance leads the market with $20.1 billion in representative value, ahead of Bridgetower's DOM X Arizona Copper-Gold Project at $11.06 billion.

WOOFUN AI

Impact Assessment · Quick Read

The slight contraction in total RWA value masks divergent trends, with equities and credit expanding while commodities shrink. The dominance of Figure's HELOC Token highlights the continued appetite for high-value private credit exposure within the tokenized ecosystem. Meanwhile, the surge in equity token holders suggests growing retail participation in traditional asset classes via blockchain infrastructure.
Generated by WOOFUN AI · For reference only, not investment advice

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