Tokenized RWA Sector Hits $38B as Treasury Debt Dominates Market

Tokenized real-world assets (RWAs) reached $38.17 billion in total value locked on August 9, 2026, nearing the $40 billion milestone. Treasury debt instruments dominate the market as the sector pushes further into traditional finance. The RWA sector is now just $1.83 billion shy of the $40 billion mark, signaling continued growth in tokenization.