Golden Finance reported that according to The Defiant, the real world assets (RWA) market continues to grow, with the current total market value reaching a record high of US$14 billion. Tokenized private credit and tokenized treasury bonds are the two largest sectors in the market, accounting for US$9.5 billion and US$3 billion in market share respectively, accounting for 89% of the entire RWA field on the chain. The RWA market size has grown by 66% since the beginning of 2024, and this rapid growth demonstrates the interest of institutional investors. The market relies on the support of traditional entities and their willingness to tokenize assets through companies such as Securitize. Private credit accounts for the vast majority of market valuations, with Figure accounting for 93% of the private credit market. U.S. institutions are expanding their influence in this market segment, with BlackRock and Franklin Templeton’s tokenized Treasury bond funds BUIDL and FOBXX accounting for nearly 35% of the entire tokenized Treasury market valuation.