Tokenized private credit has been a key contributor to this boom, representing around 58% of the market share, followed by tokenized U.S. Treasury debt at 34%. Experts anticipate that as regulatory frameworks evolve, the sector will continue to attract significant attention from major industry players. "As regulatory frameworks become clearer, the sector is poised for continued growth and increased participation," remarked a representative from Binance Research.
Despite lacking a dedicated regulatory framework and being classified as securities by the SEC, RWAs benefit from ongoing developments in the broader crypto sector. Recent regulatory updates, such as the SEC's guidance on cryptocurrency staking, have been seen as positive steps toward sensible regulation, according to Alison Mangiero from the Crypto Council for Innovation.
The emphasis on Bitcoin has shifted as a wave of corporate FOMO—fear of missing out—drives public companies to include Bitcoin in their balance sheets. Currently, 124 public companies hold Bitcoin as part of their corporate assets, a trend expected to persist despite potential summer slowdowns in the crypto market. A Binance Research spokesperson noted that long-term investment strategies are likely fueling this corporate adoption rather than transient market conditions.