Tokenized Treasuries Cool as Wall Street Giants Wage a $35 Billion RWA War

The real-world asset sector logged $34.67 billion in distributed value this week, down from the $35.2 billion peak on July 10, 2026, according to rwa.xyz data. The modest pullback comes as the broader tokenization ecosystem keeps expanding on other fronts, though treasuries still dominate the tokenized asset market.