RWAs don’t usually explode. They accumulate.
For a long time, Real World Assets were discussed as a future narrative, something that would “arrive later”. But what tends to matter in crypto isn’t the announcement, it’s the usage.
Recently, tokenized U.S. stocks processed around $88 million in onchain volume, while daily trading activity on some platforms is now hovering near $30 million per day. These are no longer test numbers, but they’re also not mainstream yet. They sit in that interesting middle zone.
What stands out is less the size of the numbers and more what they imply:
users are coming back repeatedly,
liquidity is becoming continuous instead of episodic,
familiar equities are being traded through onchain rails.
Historically, most financial primitives don’t gain adoption because they’re new, but because they reduce friction. Tokenized stocks combine assets people already understand with blockchain settlement that simplifies access.
This doesn’t mean RWAs are about to dominate the market overnight. It means the groundwork is being laid quietly, before attention catches up.
In crypto, those quiet phases are often the most revealing.
Do you see tokenized stocks as a temporary bridge, or as a long-term pillar of onchain finance?