Tokenized RWAs Reach $21.35B TVL as Institutions Surge In
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Total Value of Tokenized Assets: As of January 21, 2026, tokenized real-world assets (RWAs) reached a total value locked (TVL) of $21.35 billion, with U.S. Treasuries accounting for $9.1 billion, reflecting strong demand from institutional investors for blockchain-based fixed-income products.
- Growth in Commodities and Private Credit: Commodities reached a TVL of $3.7 billion, while private credit grew to $2.5 billion, indicating that institutions are gradually bringing physical assets like gold and energy onto public chains, thus diversifying their asset portfolios.
- Trend of Financial Instruments Moving Onchain: Public equities now total $867 million in TVL, with non-U.S. government debt at $821 million; although these areas remain early-stage, they show growing interest beyond core fixed-income products, suggesting an expansion of market participation.
- Policy Developments Supporting Growth: The EU's MiCA framework and the U.S. SEC's Project Crypto provide clearer regulatory paths for tokenized financial products, and as these rules are adopted, barriers to entry continue to fall, with projections suggesting tokenized assets could reach $2 to $4 trillion by 2030.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








