Tokenized RWA market size reached $19.3 billion in Q1 2026, up 256.7% year-on-year

TechFlow News, May 11: According to a CoinGecko report, the market capitalization of tokenized real-world assets (RWA) reached $19.32 billion as of March 31, 2026—up 256.7% from $5.42 billion at the beginning of 2025. Tokenized U.S. Treasury securities remain the largest category, exceeding $10 billion in value; tokenized commodities grew to $5.55 billion, primarily driven by gold-backed tokens XAUT and PAXG.

The report also states that spot trading volume for tokenized gold reached $90.7 billion in Q1 2026, while spot trading volume for tokenized equities reached $15.1 billion—both surpassing their respective levels in the corresponding period of 2025. Meanwhile, total trading volume for RWA perpetual contracts rose to $524.8 billion during the same period.