RWA tokenization isn’t a distribution problem. It’s a risk and execution problem.
Assets don’t become financial infrastructure by being represented on-chain - they do when settlement, collateralization, limits, and liquidation are machine-enforced.
Until then, RWAs are data - not primitives.
RWA tokenization is showing up in the data, but not how most expect.
🔹 Over $260B is represented on-chain, yet only ~$19B is distributed and usable in DeFi, largely driven by issuers like BlackRock, Maple, and Ondo. 🔸 Asset holders are growing faster than value, especially in emerging markets.
Will RWAs make financial infrastructure programmable?
Merry Christmas & Happy New Year from AFI 🎄
Here’s to a year of building provable, transparent, and resilient on-chain finance.
2026: less trust, more verification.