Institutions dominate RWAs in 2026, as the market tied to institutional activity is already around $ 24 billion. I won’t want to miss it, I broke it down below so you could save your time 👇 1/ Government bonds became the entry door The fastest institutional adoption is happening in tokenized treasuries. Protocols like @OndoFinance and @BlackRock are basically setting the standard here. Some numbers I found interesting: – Tokenized government bond segment ≈ $10.8B mcap – That’s roughly 50x growth compared to 2024 – BlackRock $BUIDL Fund alone already reached ~$2B From my perspective, this makes perfect sense. If you are a traditional fund entering crypto infra, treasuries are the safest first asset to tokenize. It gives stable yield, regulatory clarity, and easy institutional onboarding. 2/ Private credit is where DeFi yield becomes real business IMO, this sector is becoming one of the strongest bridges between DeFi and real-world capital. Platforms like @centrifuge and @maplefinance are already managing about: – $2.9B in on-chain outstanding debt – Average yields ~8-8.5% This feels like one of the most underrated parts of RWA. DeFi spent years chasing unsustainable 20% yields. Now we’re seeing real corporate credit flowing onchain, which is actually healthier. 3/ Real estate is becoming tradable through derivatives Real estate has always been one of the most illiquid asset classes. What surprised me is the rise of real estate perps. Projects like @Parcl and @PropyInc are pushing this model where property exposure becomes tradeable like a crypto asset. Monthly perp volume is already around $500M, this is something TradFi simply cannot do easily. Turning property exposure into high-velocity financial instruments is a very crypto-native evolution of RWA. 4/ Tokenized stocks are slowly moving onchain Another interesting signal is happening with equities. Depository Trust & Clearing Corporation entering the space is a massive indicator that traditional markets are preparing for onchain rails. Meanwhile $ONDO controls about 50% market share, Stock-specific TVL already above $500M. In my opinion, this is still early, but once settlement infra fully moves onchain, tokenized equities could become a trillion-dollar market. 5/ Infra is already making real revenue The backbone of the entire #RWA stack is data and verification. That’s where @chainlink and @plumenetwork come in. Chainlink RWA service revenue: $12.8M in Jan-Feb 2026 alone. For years, crypto infra was valued on TVL and narratives. Now we’re seeing actual service revenue from real-world financial flows. 6/ My takeaway In the end, I don’t think RWA is just tokenization of assets anymore. Institutions are bringing 3 things onchain at the same time includes Real yield + Regulated assets + Massive liquidity pools. And when those 3 combine with crypto’s 24/7 settlement and composability, the result is a completely different market structure. I believe the next phase of DeFi growth will come from traditional financial assets quietly settling on blockchain rails.