According to CoinMeta, the scale of tokenization of real-world assets on blockchain ( RWA ) has exceeded $38.6 billion, with over 4.24 million holding addresses. Among these, the scale of US Treasury bonds is over $15.9 billion, commodities amount to $4.9 billion, active strategies are $3.6 billion, asset-backed credit is $2.56 billion, and tokenized stocks are $2.52 billion. The scale on the Ethereum blockchain is $17.3 billion, the scale of BNB Chain is $5.6 billion, and the scale of Solana is $4.3 billion.