CoinEx Research Unveils Comprehensive Report on RWA Tokenization

Introduction to the RWA Tokenization Revolution

HONG KONG, July 21, 2025 (GLOBE NEWSWIRE) — CoinEx Research, the analytical arm of the global cryptocurrency exchange CoinEx, has launched a detailed two-part report titled “Unlocking the On-Chain Asset Era: A Deep Dive into the Real World Asset (RWA) Tokenization Revolution (Part I & II).” This extensive analysis explores the RWA ecosystem, covering essential infrastructure, regulatory landscapes, and the practical implementation of tokenized asset classes, indicating that RWAs are poised to become a fundamental element in the next phase of financial innovation.

Key Insight I: Rapid Growth of On-Chain Assets

The report emphasizes that the tokenization of RWAs is swiftly bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). By June 2025, protocols related to RWAs have secured a total value of $12.7 billion, reflecting a remarkable 69% increase year-to-date. Yield-generating assets, including tokenized U.S. Treasuries and private credit, are experiencing significant growth, driven by clearer regulatory frameworks and major institutional players like BlackRock and Franklin Templeton. Notably, BlackRock’s BUIDL fund dominates the tokenized Treasuries sector, holding 44% of the market with $2.5 billion in total value locked (TVL).

CoinEx Research asserts that RWAs are evolving from experimental phases to widespread institutional adoption, marking a pivotal moment in the on-chain asset movement.

Key Insight II: Defining Asset Classes in Tokenization

In the second part of the report, CoinEx Research identifies five key asset classes that are shaping the tokenized financial landscape, analyzing their development in terms of design, adoption, and regulatory challenges:

• Tokenized Treasuries: Considered the benchmark for “risk-free yield” on-chain, this asset class is recognized for its compliance and composability.
• Private Credit: Offers high yields with double-digit returns, although it remains in early stages regarding risk management and legal frameworks.
• Tokenized Equities: Led by European platforms such as Backed Finance, these assets provide global retail access to stock markets integrated with DeFi.
• Sovereign Bonds: Initial experiments in countries like France and Hong Kong are taking place within regulatory sandboxes to explore the tokenization of public debt.
• Commodities (Gold): Tokens like PAXG and Tether Gold are increasingly utilized as collateral in DeFi, connecting real-world stability with on-chain liquidity.

CoinEx Research highlights that as compliance, yield, and liquidity converge, these asset classes will form the backbone of a robust on-chain financial ecosystem.

Key Insight III: Enablers of Institutional Adoption

The report outlines two crucial factors that facilitate the mainstream adoption of RWAs:

• Regulatory Frameworks: There has been significant progress in regulatory clarity. The U.S. SEC’s Reg D/S exemptions, the EU’s MiCA regulation, and the newly enacted GENIUS Act in the U.S. have established formal guidelines for the issuance and trading of RWAs.
• Technical Infrastructure: Platforms such as Ethereum, which leads in RWA TVL, Securitize for token issuance and KYC, and Chainlink for proof-of-reserve oracles, create a comprehensive foundation for compliant and programmable asset deployment.

Currently, over 59% of non-stablecoin RWA value is hosted on Ethereum, showcasing its alignment with institutional requirements and regulatory standards.

CoinEx Research’s Vision: RWAs as the Cornerstone of On-Chain Capital Markets

CoinEx Research concludes that RWAs are not merely symbolic; they represent the essential building blocks of genuine on-chain capital markets. With scalable legal, custodial, and compliance systems now in place, RWAs are enabling institutions to engage with Web3 in a secure, efficient, and transparent manner.

The competitive advantage will extend beyond the mere capability to tokenize assets; it will hinge on the delivery of stable, composable, and transparent financial instruments rooted in real-world value.

Access the Full Report

Both parts of “Unlocking the On-Chain Asset Era: A Deep Dive into the RWA Tokenization Revolution” are now accessible on the official CoinEx Research portal. Industry professionals, institutional investors, developers, and policymakers are encouraged to delve into the comprehensive insights provided.

• Part I: Compliance, Infrastructure & Institutions → Foundations of RWAs
• Part II: Tokenized Treasuries, Credit, Equities & More in Motion

About CoinEx

Founded in 2017, CoinEx is a renowned cryptocurrency exchange designed with user experience in mind. Launched by the leading mining pool ViaBTC, CoinEx has been a pioneer in the industry, being one of the first exchanges to implement proof-of-reserves to safeguard 100% of user assets. The platform offers over 1,400 cryptocurrencies, supported by professional-grade features and services, catering to more than 10 million users across over 200 countries and regions. CoinEx also features its native token, CET, which incentivizes user engagement and strengthens its ecosystem.

To learn more about CoinEx, visit: Website | Twitter | Telegram | LinkedIn | Facebook | Instagram | YouTube

Contact Information

CoinEx
Email: [email protected]

Disclaimer: This content is provided by CoinEx. The views and opinions expressed herein are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. This information is for informational purposes only and should not be construed as financial, investment, or trading advice. Investing in cryptocurrencies and related opportunities carries significant risks, including potential capital loss. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.