RWA market hits $51B as tokenized private credits surges: Bernstein

60-second summary
The RWA market is valued at $51 billion, driven by the growth of tokenized private credits, with Figure leading RWA platforms with $18 billion in tokenized assets, according to Bernstein Research data. This surge indicates increasing investor interest in alternative credit investments, potentially disrupting traditional lending markets and offering new opportunities for risk diversification and yield generation.
Bernstein Research data shows the RWA market at $51 billion, with tokenized private credit leading and Figure leading RWA platforms with $18 billion in tokenized assets.