Everyone assumes tokenized real estate leads the #RWA market.
The actual breakdown, April 2026:
🥇 Tokenized US Treasuries — $12.88B
🥈 Tokenized commodities — $7.37B
🥉 Real estate — a few hundred million
74% of that commodity market is tokenized gold (#XAUT + #PAXG $).
Not DeFi-native assets. Not yield-generating protocols.
Just gold. On-chain.
The market that was supposed to disrupt traditional finance
is currently dominated by the most traditional asset in history.
Draw your own conclusions.
#RWA #Tokenization #Web3 #DeFi #Blockchain
Source: https://metamask.io/news/types-of-tokenized-real-world-assets-rwa-categories
XAUT
4,742.86
+1.12%
PAXG
4,752.54
+1.19%