Капитализация рынка RWA впервые превысила $75 млрд

cryptonews.ruPublished on 2025-06-11Last updated on 2025-09-12

За последнюю неделю рыночная стоимость сектора RWA-токенов выросла более чем на 8%. Показатель установил новый рекорд на отметке $75,5 млрд, согласно CoinMarketCap.
Источник: CoinMarketCap.

Лидером сектора остается токен LINK от протокола Chainlink — его капитализация составляет $16,6 млрд. В тройку лидеров также входят XLM от Stellar и AVAX от Avalanche с показателями $12,6 млрд и $12,1 млрд соответственно.

Топ-10 RWA-токенов по капитализации. Источник: CoinMarketCap.

Рост RWA-токенов совпал с резким увеличением общей стоимости заблокированных в протоколах активов. С начала года показатель вырос вдвое, достигнув рекордных $29 млрд.

Источник: RWA.xyz.

Наибольшую долю рынка занимают токенизированные частные кредиты и казначейские гособлигации США. Остальное приходится на товары, альтернативные фонды и различные ценные бумаги.

Самый популярный блокчейн для токенизации — Ethereum. На базе второй по капитализации криптовалюты работает 421 эмитент, выпустивший цифровые активы на $8,3 млрд.

Источник: RWA.xyz.

Криптоинвестор Райан Шон Адамс спрогнозировал дальнейший рост сектора. По его словам, токенизацию «теперь продвигает даже правительство США». Эксперт добавил, что Уолл-стрит и крупные финтех-компании все активнее присоединяются к тренду.

People are still underestimating Ethereum.

They don't know America is coming onchain and it's using Ethereum as its ledger.

I demonstrated that Ethereum is leading in real world asset market share but let's add another dimension.

Let's talk Growth.

In the coming decades I… https://t.co/2A8TJKBgo2

— RYAN SΞAN ADAMS — rsa.eth 🦄 (@RyanSAdams) September 11, 2025

«Американские рынки капитала выходят в блокчейн. Ничто не остановит этот процесс», — заявил он.

BlackRock намерена токенизировать свои ETF

По данным Bloomberg, крупнейший в мире управляющий активами BlackRock изучает возможность токенизации ETF. Как отметили источники, это решение связано с успехом биржевого фонда на базе биткоина и потребует учета ряда «регуляторных аспектов».

С момента одобрения в январе 2024 года инструмент компании на основе первой криптовалюты привлек $59,51 млрд. IBIT от BlackRock стал самым быстрорастущим ETF, обогнав золотой GLD.

Месячные притоки по iShares Bitcoin Trust от BlackRock. Источник: SoSoValue.

У BlackRock также есть ориентированный на Ethereum биржевой фонд. На момент написания в него инвестировали $12,72 млрд.

Месячные притоки по iShares Ethereum Trust от BlackRock. Источник: SoSoValue.

Управляющий активами уже имеет опыт в токенизации. В марте 2024 года компания совместно с Securitize запустила фонд токенизированных активов BUIDL в сети Ethereum.

Инструмент обеспечен казначейскими векселями США, соглашениями РЕПО и фиатной валютой. Согласно RWA.xyz, его капитализация превышает $2 млрд.

Аналитик Bloomberg Эрик Балчунас усомнился, что токенизация ETF принесет новые преимущества для инвесторов. По его словам, этот шаг только может только оптимизировать внутренние процессы в TradFi.

We need to define the trend better: If by 'tokenization' you mean the back office (plumbing) of TradFi will be slightly more efficient by utilizing blockchain technology? Then sure, fine, probably will but zzzz. What is implied tho by the hype is getting actual investors to sell… https://t.co/SzXROTB9oi

— Eric Balchunas (@EricBalchunas) September 11, 2025

«Токенизация имеет смысл в первую очередь для тех, кто уже активно использует блокчейн — подобно тому, как ETF когда-то упростили доступ к активам для клиентов брокерских компаний. Но поскольку доля блокчейн-аудитории в глобальных масштабах все еще невелика, текущий ажиотаж вокруг токенизации пока не соответствует ее реальному влиянию — по крайней мере, в ближайшие несколько лет», — пояснил эксперт.

Напомним, в начале сентября Galaxy Digital объявила о партнерстве с фирмой Superstate для токенизации ценных бумаг GLXY на Solana.

Related Reads

The article "Strategy" examines in detail 6 securities built on bitcoin

In the article "Strategy," six securities based on Bitcoin are examined. Strategy Inc. (Nasdaq: MSTR) announced investor materials detailing its common stock and five preferred securities. Executive Chairman Michael Saylor emphasized this with the comment, "Six securities. One Strategy." While each targets different investor goals, all depend on Strategy's financial health and capital management decisions. The capital structure positions common shares of MSTR at the bottom, absorbing profit or loss after debt and priority claims. These shares represent a residual stake in the company's net reserves, including its software and capital markets businesses, but provide no direct claim on specific bitcoins. The five preferred securities offer varied cash flows and priority levels: - STRC: Variable cumulative dividends, currently 12% annually on a $100 stated value, with twice-monthly cash payments. - STRF: Higher priority, paying fixed 10% annual cumulative dividends with quarterly cash payments. - $STRK: Lower priority, combining 8% cumulative dividends with a conversion right into MSTR shares. - STRD: Offers 10% annual dividends but has the weakest claim; its quarterly cash dividends are non-cumulative. - STRE: Denominated in euros, offers 10% cumulative dividends on €100, with quarterly cash payments and a priority ranking between other issues. Strategy's broader "Digital Debt Capital" concept involves maintaining a dollar reserve for dividend and interest payments, and permitting limited Bitcoin sales to fund this reserve. However, this does not make the preferred securities direct, collateralized claims on the company's Bitcoin holdings. Investors face risks beyond Bitcoin's price volatility, including issuer credit risk, interest rate changes, dividend decisions, liquidity, and capital structure priority. These securities add potential dividend income to Bitcoin exposure, making returns contingent on the company's financial stability, Bitcoin's performance, and management's capital allocation decisions.

cryptonews.ru4m ago

The article "Strategy" examines in detail 6 securities built on bitcoin

cryptonews.ru4m ago

Bitcoin Miners Invest Billions in AI as Capital Expenditure Outpaces Revenue by 15 to 1

Public Bitcoin miners are investing billions to diversify into artificial intelligence (AI) and high-performance computing (HPC), but their revenues from these new ventures are not keeping pace with the massive capital expenditures. According to BlocksBridge Consulting, a group of 15 mining and AI data center companies spent $30.7 billion on capital assets in recent periods of 2026, a 42.6% increase from 2025. For nine comparable Bitcoin miners specifically, the gap is stark: they spent $5.11 billion on capital assets in the first half of 2026 while generating only $341.2 million in disclosed AI/HPC revenue, a capital-to-revenue ratio of approximately 15 to 1. Despite this initial disparity, AI and HPC revenues are growing rapidly, jumping 52% quarter-over-quarter in Q2 2026 for these nine miners. The transition from Bitcoin mining to AI infrastructure requires significant upfront investment in substations, buildings, cooling systems, networking gear, and in some cases, GPUs, even for miners with advantages like power contracts. The recent recovery in Bitcoin's price, which surged over 13% to surpass $72,000, may provide some relief to companies still holding major mining operations. In a related strategic shift, CoinShares has rebranded its industry-tracking ETF to focus on "companies powering the digital economy," including Bitcoin miners, AI data center operators, and semiconductor makers.

cryptonews.ru5m ago

Bitcoin Miners Invest Billions in AI as Capital Expenditure Outpaces Revenue by 15 to 1

cryptonews.ru5m ago

Most Americans find Trump family's crypto investments 'inappropriate': poll

A Reuters/Ipsos poll found that most Americans believe it is inappropriate for President Donald Trump and his family to earn income from cryptocurrency investments while he is in office. The survey, conducted from August 14-17, showed 63% of respondents stating that the Trumps should not make money from crypto. However, opinions were sharply divided along partisan lines, with 69% of Republicans deeming such investments appropriate, compared to 92% of Democrats who viewed them negatively. A June report from the U.S. Office of Government Ethics revealed Trump earned $1.4 billion in 2025 from crypto-related investments, including through the family company World Liberty Financial and his own "Official Trump" memecoin. While a White House spokesperson has insisted there is no conflict of interest, several lawmakers have called for investigations into these activities. During a recent press conference at the White House with industry leaders, Trump advocated for the passage of the Digital Asset Market Clarity Act, which aims to define regulatory oversight of digital assets. A procedural vote on the bill is scheduled for September 15.

cryptonews.ru5m ago

Most Americans find Trump family's crypto investments 'inappropriate': poll

cryptonews.ru5m ago

Cryptocurrency Market Recovers: Key Events and Warnings Following Recent Bitcoin Hack!

Coldcard has released a new firmware update (v5.6.1 for Mk4/Mk5, v1.5.1Q for Q) to enhance security following a recent vulnerability that reportedly led to over $70M in Bitcoin theft. The update results from a comprehensive security review. It mandates that all new seed phrases include at least one user-generated physical entropy source, such as irregular key presses, dice rolls, or coin flips, combined with the device's internal randomness. Crucially, the update does not fix potential security flaws in seed phrases generated with affected prior firmware versions. Affected users must update, create and verify a completely new seed phrase, and transfer their Bitcoin to the newly created wallet. The update also introduces real-time PSBT verification, enhances USB and firmware update security, and includes various other security and accuracy improvements. Coldcard strongly advises all Mk4, Mk5, and Q users to update promptly and verify the firmware's digital signature.

cryptonews.ru45m ago

Cryptocurrency Market Recovers: Key Events and Warnings Following Recent Bitcoin Hack!

cryptonews.ru45m ago

After Significant Growth, Coinbase CEO Unveils Bitcoin Price Forecast! "$300,000 to $400,000"

Brian Armstrong, CEO of Coinbase, has projected that Bitcoin could reach between $300,000 and $400,000 by the year 2030, describing such a price target as "quite likely." His comments were made during an interview on Fox Business Network, following a notable surge in Bitcoin's price above $72,000. Armstrong also discussed the recent meeting hosted by former President Donald Trump with leaders from the crypto and traditional finance sectors. A key topic was the long-debated CLARITY Act, legislation aimed at creating a clear U.S. regulatory framework to classify digital assets as securities, commodities, or payment-focused stablecoins. Armstrong noted a "strong sense of urgency" within the administration to finalize and pass the bill, which is now expected to face a vote in September after delays. While the bill has faced opposition from some traditional banks concerned about deposit outflows to crypto platforms offering high yields on stablecoins, Armstrong stated that many banks actually support the CLARITY Act, seeing it as an opportunity to expand their business through new technology.

cryptonews.ru1h ago

After Significant Growth, Coinbase CEO Unveils Bitcoin Price Forecast! "$300,000 to $400,000"

cryptonews.ru1h ago

Trading

Spot
活动图片