Crypto projects claim to tokenize real assets worth ~$40–42 billion, but the accuracy of this figure remains in question.
The RWA segment is indeed considered one of the fastest-growing in the crypto industry, however, aggregators account for the value of underlying assets, not the capitalization of tokens. The administrator of DefiLlama pointed out discrepancies: "dead" tokens in zkSync and limited transparency at Figure, where a significant portion of operations, according to him, does not go through smart contracts. Nevertheless, this data is included in the overall TVL figure.
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