The tokenized real-world asset (RWA) sector has surpassed $21 billion in total value locked as of January 2026, marking a significant increase of over $1 billion since the start of the year. According to data from rwa.xyz, the sector's value rose by 5%, from $20.33 billion to $21.35 billion, driven by strong performances in tokenized U.S. Treasury debt and gold.
Ethereum leads the RWA market with $12.8 billion in value locked, followed by BNB Chain with $2 billion. Solana and the Liquid Network each hold approximately $1.1 billion, while Stellar accounts for $1 billion. The largest RWA tokens include Tether's gold-backed XAUT, Paxos' PAXG, and Blackrock's tokenized Treasury fund, BUIDL, with market caps of $1.93 billion, $1.76 billion, and $1.71 billion, respectively.
The RWA sector has seen a resurgence since a dip in late 2025, adding $2.13 billion since November. The number of RWA holders has also increased by 8.94% over the past month, indicating growing interest and investment in tokenized assets.
Tokenized Real-World Assets Exceed $21 Billion in Early 2026
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