From Fragmentation to a Unified Global Market

Real-world asset tokenization is accelerating, but the market is still running on disconnected rails. In State of RWA Tokenization 2026: From Fragmentation to a Unified Global Market, RWA.io brings together on-chain data and perspectives from industry contributors (including Canton Network and Digital Asset) to map what is scaling and what is stalling as RWAs move from pilots to production.

The report finds the tokenized RWA market exceeded $36B (ex stablecoins) as of late 2025, yet fragmentation across chains is already creating measurable inefficiency, including 1–3% pricing gaps for identical assets and 2–5% friction when moving capital cross-chain. It argues the path to trillions is not “pick one chain,” but build a practical interoperability stack that connects regulated issuance with broader liquidity, without sacrificing the controls institutions require.

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