RWA.xyz and recent market reports put tokenized RWA TVL (ex stablecoins) around $31 billion to $34 billion as of May 2026Ethereum hosts roughly 60 percent of RWA value, led by BlackRock’s BUIDL fund and Ondo Finance productsTokenized Treasuries sit near $15 billion in AUM, while commodities, private credit and tokenized stocks are the fastest growing segments