DeFi· ★★★· neutral·

Evernorth CEO says tokenized assets hit $400 billion in about 18 months

  • —Total tokenized RWA value stands at roughly $400 billion
  • —Only about $39 billion supports on-chain trading and settlement
  • —XRPL tokenized value grew from $1.76 billion to $5.05 billion
  • —About 90% of XRPL tokenized value comes from regulated products
Why it matters: The gap between $400 billion and $39 billion shows tokenization still mostly records ownership rather than creating usable liquidity.
Source: Crypto Briefing