The narrative around real-world asset tokenization has shifted. Two years ago, every blockchain conference featured a “tokenization is coming” panel. In March 2026, tokenized RWAs excluding stablecoins crossed $25 billion in on-chain value nearly quadrupling from $6.4 billion a year earlier. Six distinct asset classes each exceed $1 billion on-chain. BlackRock’s BUIDL fund holds $1.9 […]