On-Chain RWA Tokenization Surges Past $360B as New Intermediaries Emerge

RWA market exceeds $360B driven by BlackRock and traditional finance, signaling a shift from decentralized ideals to regulated digital intermediaries in crypto.

Woofun AI data shows that the real-world asset tokenization market has expanded beyond $360 billion, led by institutions such as BlackRock rather than decentralized communities. This growth highlights a structural shift where blockchain technology reshapes financial intermediaries instead of eliminating them. Stablecoins are evolving into regulated infrastructure reliant on issuer governance, while institutional capital increasingly accesses Bitcoin through spot ETFs and compliant custodians. DAO governance remains concentrated among large holders, reinforcing the role of professional participants. The industry trajectory suggests that emerging digital intermediaries are becoming more transparent and efficient than traditional systems, marking a historical pattern in fintech development.