
Big shoutout to Sharif Bouktila and the team at RWA.io for publishing the new research report: “State of RWA Tokenization 2026 — From Fragmentation to a Unified Global Market.”
The report makes a blunt point the whole industry should internalize:
✅ RWAs are growing fast…
❌ but they’re still stuck in disconnected “walled gardens.”
1) RWAs have reached real scale — but adoption is still bottlenecked
RWA.io estimates total onchain RWAs (ex stablecoins) exceeded $36B as of late 2025, with projections reaching $16T–$30T by 2030.
2) The hidden tax of fragmentation is brutal
The report notes that fragmentation creates:1–3% price discrepancies across chains2–5% friction costs per cross-chain capital move
3) The real problem isn’t TPS — it’s market integrity across the lifecycle
The report frames the missing infrastructure as an “interoperability stack” — not just bridges, but:
- transport + messaging
- compliance and identity portability
- standardized data
- orchestration / automation