RWA Foundation reports $6.2B tokenized credit market as holders climb 12.1%
- —Tokenized credit market cap was $6.17 billion on October 1, down 2.8% for the quarter
- —Unique holder addresses rose 12.1% to 28,840
- —Maple Finance shed $402.7 million in market cap but added 2,160 addresses, about 69% of sector holder growth
- —Hastra and USDai together added $372.5 million in market cap during the quarter
Why it matters: Rising holder counts against a shrinking market cap point to a broadening participant base, but two issuers holding over 60% of the market remains the key concentration risk.
Source: Crypto Briefing