The headline number: on-chain RWAs passed $31B by mid-2026
Tokenized real-world assets on public blockchains exceeded $31 billion by May–June 2026, per RWA.xyz — up from approximately $6 billion in early 2025. That is roughly a 5× increase in 18 months, making RWA tokenization one of the fastest-growing verticals in digital assets. Growth has been led by tokenized US Treasury and money-market products (including BlackRock's BUIDL and Franklin Templeton's BENJI), tokenized private credit, and institutional real estate pilots.
Long-range forecasts: $2T to $30T, depending on whom you ask
Institutional forecasts for tokenized assets by 2030–2034 span more than an order of magnitude.
- McKinsey (2024): ~$2 trillion of tokenized assets by 2030, excluding stablecoins — a deliberately conservative base case.
- Boston Consulting Group: ~$16 trillion of illiquid assets tokenized by 2030, roughly 10% of global GDP.
- Standard Chartered (2024): up to $30 trillion in tokenized real-world assets by 2034.
The divergence is itself informative: the variable is not whether tokenization grows, but how quickly regulated distribution reaches asset classes beyond Treasuries.
The financing gap tokenization is pointed at
The world faces a $15 trillion infrastructure financing gap to 2040, according to the Global Infrastructure Hub, and PwC estimates roughly $151 trillion of infrastructure capital is needed by 2050. Meanwhile HolonIQ projects global education expenditure to reach $10 trillion annually by 2030, with growth concentrated in Asia and Africa. These are the demand-side numbers behind community infrastructure tokenization: the assets exist, the revenue exists, and the capital channel is the missing piece.
Allocator behaviour: family offices already hold both sides of this trade
Per UBS's 2026 Global Family Office survey (as cited in ALTXRA's research), 37% of family offices allocate to infrastructure and 24% to digital assets — yet almost no product lets them hold community infrastructure through digital rails. This overlap is the clearest early-adopter signal for regulated, asset-backed tokens: the audience is already comfortable with both the asset class and the wrapper, separately.
The zero worth watching: community assets
Approximately 0% of current tokenized value sits in community and social infrastructure (ALTXRA analysis of RWA.xyz category data, mid-2026). Schools, sports facilities, clinics and student housing offer long-duration contracted revenue and low market correlation, but individual assets of $2M–$50M have been below institutional minimums. This is the category gap ALTXRA is built to close — see our definitive guide to community infrastructure tokenization.
Methodology and update cadence
Figures on this page are compiled from RWA.xyz dashboards, published institutional research (McKinsey, BCG, Standard Chartered, PwC, Global Infrastructure Hub, HolonIQ, UBS) and ALTXRA's internal analysis, as referenced in the ALTXRA whitepaper. Each statistic is dated at the time of citation. This page is refreshed quarterly; the visible date reflects the latest review. Where sources conflict, we present the range rather than a single point estimate.
Key takeaways
- On-chain RWAs: ~$6B (early 2025) → $31B+ (mid-2026), per RWA.xyz — about 5× in 18 months.
- 2030–2034 forecasts range from $2T (McKinsey) to $16T (BCG) and $30T (Standard Chartered).
- Demand side: $15T infrastructure gap to 2040 (GIH); $151T needed by 2050 (PwC); $10T education spend by 2030 (HolonIQ).
- Community and social infrastructure remains ~0% of tokenized value — the largest untouched category.
Frequently asked questions
How big is the RWA tokenization market in 2026?
On-chain tokenized real-world assets surpassed $31B by mid-2026 according to RWA.xyz, up from roughly $6B in early 2025 — an approximately fivefold increase in about 18 months, driven mainly by tokenized US Treasuries, private credit and money-market products.
How large could the tokenized asset market become?
Published forecasts diverge widely: McKinsey projects around $2 trillion of tokenized assets by 2030 (excluding stablecoins), while BCG has projected roughly $16 trillion by 2030 and Standard Chartered up to $30 trillion by 2034. The spread reflects different assumptions about regulation and institutional adoption.
Which asset classes dominate tokenization today?
Tokenized US Treasuries and money-market funds, private credit, and prime real estate account for the overwhelming majority of on-chain RWA value in 2026. Community and social infrastructure — schools, clinics, sports facilities, student housing — represents close to zero percent of tokenized value.
