Tokenized real-world assets have emerged as one of the few areas of strength in the cryptocurrency industry during 2026, even as macroeconomic headwinds and policy uncertainty continue to weigh on broader digital asset markets, according to a monthly report from Binance Research.

The market for active tokenized RWAs expanded 589% from early 2025 through June 2026. In dollar terms, bonds and money market funds led the sector, growing 83% and adding $6.5 billion in value over the period.

Tokenized Stocks Lead Growth Across Asset Classes

Tokenized stocks recorded the fastest growth rate within the sector, with their total market value climbing 422% over the same period. Much of that momentum came from platforms such as Ondo Global Markets, which offers tokenized equities and exchange-traded funds and surpassed $1 billion in total value locked within eight months of its launch.

The xStocks tokenized equities platform also attracted significant trading activity, with cumulative volume exceeding $25 billion roughly eight months after launch. Kraken now offers retail investors access to tokenized shares of private companies, including a tokenized equivalent of SpaceX stock, broadening participation beyond traditional institutional channels.

Gold and Real Estate Draw Institutional Capital

Tokenized precious metals continued to attract investor interest throughout the period, adding $1.5 billion in value, a gain of 39%. The bulk of those inflows arrived in January and February, when geopolitical uncertainty drove demand for safe-haven assets and pushed tokenized gold above $6 billion before momentum slowed as underlying gold prices retraced.

In real estate, Apex Group has begun providing fund administration services through Goldman Sachs' Digital Asset Platform, underscoring growing demand for blockchain-based settlement and administration in property markets. The development signals that tokenization is extending beyond investment products and into core financial infrastructure.

Banks Move Toward Tokenized Deposit Networks

Industry efforts are expanding beyond tokenized investment products and into the foundations of banking infrastructure. According to reports, The Clearing House, a bank-owned payments operator backed by JPMorgan Chase, Citibank, Bank of America, BNY, and Wells Fargo, plans to launch a tokenized deposit network in 2027. The initiative reflects a broader push by established financial institutions to modernize payment rails and compete with the rapid growth of stablecoins.

Binance Research described the current period as a maturation of the RWA tokenization narrative, stating that 2026 marks the shift from a Treasury-dominated story into a diversified yield ecosystem. The firm noted that the sector has maintained its growth trajectory even as Bitcoin and other digital assets faced sharp corrections in early June, driven by rising interest rate expectations, uncertainty over US market structure legislation, and shifting sentiment around institutional Bitcoin holders.