According to Odaily, the market value of tokenized real-world assets (RWA), excluding stablecoins, has exceeded $20 billion, marking a new historical high. This growth reflects a sustained interest from investors in the blockchainization of traditional assets. Notably, the market for tokenized U.S. Treasury bonds has shown significant performance, with a market value surpassing $8.87 billion. Additionally, BlackRock's BUILD fund currently holds a market value of $1.73 billion.