Tokenized RWA Market Reaches $193.2 Billion in Q1 2026, Up 256.7% Year-Over-Year

RWA0.46%
XAUT0.10%
PAXG0.13%
According to CoinGecko, tokenized real-world assets (RWA) reached a market capitalization of $193.2 billion as of March 31, 2026, up 256.7% year-over-year from $54.2 billion at the start of 2025. Tokenized U.S. Treasuries remained the largest category with over $100 billion in value, while tokenized commodities grew to $55.5 billion, primarily driven by gold-backed tokens XAUT and PAXG.
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