The tokenization of real-world belongings (RWAs) has entered a brand new part in 2025—now not an idea, however a confirmed trajectory.
Based on Pantera Capital’s newest report, The Nice Onchain Migration, over $24 billion in RWAs at the moment are deployed on public blockchains, greater than tripling since 2023.
This shift marks a elementary transformation in capital markets infrastructure. Franklin Bi, Common Associate at Pantera and former blockchain lead at J.P. Morgan, sees programmable blockchain rails not as a substitute for conventional finance however as its inevitable evolution. The rising wave of company issuers, from BlackRock and Franklin Templeton to Siemens and J.P. Morgan, is signaling that capital markets are migrating to onchain infrastructure—quick.
In a transfer emblematic of this shift, Robinhood not too long ago unveiled Inventory Tokens on Arbitrum, a number one Ethereum Layer 2 community. These tokens characterize public shares, ETFs, and even non-public shares, redefining what monetary entry appears like. CEO Vlad Tenev confirmed plans to launch Robinhood Chain, a 24/7 world buying and selling ecosystem powered by Arbitrum, additional signaling fintech’s pivot from serving legacy markets to constructing the rails of a brand new one.
Based on Pantera, this isn’t a passing development. As an alternative, a “gravity effectively” is forming—early liquidity, worth discovery, and issuance are more and more happening onchain. That gravitational pull is beginning to re-center the monetary system away from Wall Road’s batch-based, permissioned infrastructure and towards open, world, real-time markets.
What started as experimentation has matured into strategic migration. Pantera argues that traders, fintech platforms, and establishments are now not simply testing blockchain—they’re staking their future on it. That is resulting in an overhaul of how capital is shaped, valued, and moved.
As regulation evolves and capital flows deepen, Pantera believes the onchain infrastructure will turn out to be the de facto layer for world asset markets—one the place Wall Road meets Web3, and the rails of worth turn out to be as programmable because the belongings themselves.
Kosta has been working within the crypto trade for over 4 years. He strives to current completely different views on a given subject and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced protection of occasions and developments within the crypto area, offering data to his readers from a impartial perspective.
