The market capitalization of Real World Assets (RWA), excluding stablecoins, has surpassed $20 billion, marking a new record high. This milestone underscores the growing investor interest in the tokenization of traditional assets. Notably, the tokenized U.S. Treasury market has reached a market value of over $8.87 billion. Additionally, BlackRock's BUILD fund contributes significantly with a market value of $1.73 billion.