zkSync Era recorded the largest increase in tokenized real-world asset market capitalization over the past 24 hours, according to on-chain analytics, positioning the L2 at the front of recent RWA expansion. The overall tokenized RWA market stands at $7.533 billion, up 0.4 percent on the day, per CoinGecko.
The broader RWA sector has grown sharply through 2026. Liquid on-chain value reached $33.5 billion, tripling over the past year, according to CryptoRank.io. Demand for transparent, yield-bearing assets on-chain is driving the expansion.
zkSync Era and Solana lead within tokenized private equity and venture capital. The aggregate market cap for those token categories has crossed $2 billion, according to a Sygnum Singapore report.
Sygnum Singapore's analysis found three in four high-net-worth and professional investors currently hold exposure to tokenized RWAs. Nearly half are holding or planning to increase allocations to tokenized private equity and venture capital.
Protocols on both chains facilitate issuance and management of these assets, attracting stablecoin liquidity by offering direct on-chain access to underlying private equity funds and venture capital portfolios—bypassing traditional intermediaries and reducing associated costs.
The competitive yields on some tokenized RWA products are pulling capital from other DeFi segments. On-chain access to real-world returns offers an alternative to compressed lending rates, intensifying competition for stablecoin liquidity.
As a zk-rollup, zkSync Era inherits Ethereum's security guarantees while offering lower transaction fees and higher throughput—critical for managing issuance, transfers and redemptions at scale.
Solana's low transaction costs and high processing capacity support growing RWA activity, particularly in private equity and venture capital tokens, where fast finality matters for capital flows.
Beyond private equity and venture capital, the RWA ecosystem spans tokenized Treasuries, corporate credit and cash-equivalent stablecoins. BlackRock's BUIDL and Ondo Finance's OUSG hold significant market share in those categories.
Avalanche, Stellar and Robinhood Chain also recorded increases in tokenized RWA market cap during the period, each serving distinct asset classes and investor profiles within the broader ecosystem.
RWA.xyz tracks these developments across the tokenization landscape, providing data on tokenized asset flows and market composition.
