The total locked value (TVL) in Real-World Assets (RWA) in the decentralized finance (DeFi) sector has exceeded $10 billion.
Major protocols Maker RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance have each surpassed $1 billion in TVL.
Institutional interest and blockchain scalability are driving the adoption of real-world assets in DeFi.
While RWA adoption is increasing, a recent security breach in the Zoth real-world asset restaking protocol highlights the ongoing challenge of security in tokenization.