Data: In Q1 2026, the scale of tokenized RWA reached 19.3 billion USD, a year-on-year increase of 256.7%

According to a report by CoinGecko, as of March 31, 2026, the market value of tokenized real-world assets (RWA) reached $19.32 billion, a growth of 256.7% from $5.42 billion at the beginning of 2025. Among them, tokenized U.S. Treasury bonds remain the largest category, with a scale exceeding $10 billion; tokenized commodities increased to $5.55 billion, mainly driven by gold-backed tokens XAUT and PAXG.

The report also stated that in the first quarter of 2026, the trading volume of tokenized gold spot reached $90.7 billion, and the trading volume of tokenized stock spot reached $15.1 billion, both exceeding the levels of the corresponding period in 2025. During the same period, the total trading volume of RWA perpetual contracts rose to $524.8 billion.