Tokenized asset market: $34.5B ex-stablecoins, equity only $668M
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Breaks down the $34.5B tokenized RWA market outside stablecoins by class and highlights how small public equity ($668M) is against a $127T global market. Flags Edel as a potential play.
Key claims
$34.5B in non-stablecoin RWAs: $17.6B private credit, $8.4B US Treasuries, $3.2B commodities
Public equity only $668M vs $127T global market
Stablecoins near $300B
Tokenization is a trillion dollar opportunity and we're just getting started.
While there is almost $300B in stablecoins, all other RWA classes combined make for a mere $34.5B, including:
- $17.6B Private Credit
- $8.4B US Treasury Debt
- $3.2B Commodities
- $2.9B Institutional Alternative Funds
- $1B Non-US Govt Debt
- $668M Public Equity
- $580M Private Equity
What strikes me the most is the small part that equity accounts for, especially considering the global market for public equity is worth about $127 Trillion. Tokenization definitely also addresses some key pain points in the private equity industry, further expanding the addressable market massively.
Think we'll see a lot of growth here in coming months, and one potential gem I'm watching is @edeldotfinance (money market for tokenized equities and more).
Recommend to DYOR anon.
Study @edeldotfinance
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