📝 Editor’s Note:
Welcome to OurNetwork’s latest.
Today we’re checking out Real World Assets, a sector that has hit its stride in 2025 and has grown by a factor of 250 in the past five years, according to our friends at RWA.xyz.
A big shoutout to them for leading this issue off. Also thank you to Graham, Alex, and Antonio, for covering some of the most significant players in the RWA space.
Let’s get into it.
– ON Editorial Team
Sector Update | Centrifuge | Ondo | Tether Gold
The tokenized asset market cap surpassed $32B, expanding by $7.3B (+29%) in Q3 2025. While private credit and U.S. Treasuries remain dominant, tokenized institutional funds, commodities, non-U.S. bonds, and stocks together added nearly $3B, accounting for nearly 40% of total quarterly growth. The expansion was driven by new issuances and growing demand for higher-yield, higher-risk assets, as excess liquidity continued to flow into tokenized markets.

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