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RWA.io:2026年现实世界资产代币化(RWA)现状报告:从市场碎片化走向全球统一市场(英文版)(42页).pdf

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1、In collaboration with:From Fragmentation to a Unified Global MarketState of RWA Tokenization 2026RESEARCH REPORTDecember 2025 RWA.ioDisclaimerThis report is for informational purposes only and is not intended to provide,and should not berelied on for,financial,investment,legal,tax,or any other advic

2、e.You should consult your ownprofessional advisors before making any investment decisions.The information contained in this report has been obtained from sources believed to be reliable.However,RWA.io does not guarantee the accuracy,completeness,or timeliness of theinformation.The information and op

3、inions expressed in this report are subject to change withoutnotice.Any forward-looking statements are based on assumptions and are subject to risks anduncertainties.References to any specific companies,protocols,digital assets,or commercial products do notconstitute an endorsement or recommendation

4、 by RWA.io.The views and opinions expressed bythird-party contributors are their own and do not necessarily reflect the views of RWA.io or itsaffiliates.RWA.io is not responsible for the content provided by third parties.Under no circumstances shall RWA.io or its affiliates,partners,suppliers,or lic

5、ensors be liable forany indirect,incidental,consequential,special,or exemplary damages arising out of or inconnection with your access or use of or inability to access or use the information in this report,whether or not the damages were foreseeable and whether or not the company was advised ofthe p

6、ossibility of such damages.01Marko VidrihCo-Founder and COO,RWA.ioBen SafaricCWA SWAT,BNB ChainMike CagneyMember of the Board ofDirectors,Provenance BlockchainFoundationMike ReedSenior Vice President,Head of Digital Asset PartnershipDevelopment,Franklin Templeton InvestmentsSerena LeungHead of RWA T

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1. **市场现状与增长**:2025年RWA代币化市场规模达362.7亿美元(不含稳定币),较2020年增长超2200%,预计2030年将达16-30万亿美元。 2. **资产类别分布**:私人信贷(191亿美元,52.7%)和代币化证券(90亿美元,24.8%)为主,占市场总量77.5%。 3. **碎片化挑战**:跨链价格差异达1-3%,资本重置成本2-5%,阻碍机构采用。 4. **互操作性解决方案**:行业聚焦多层互操作栈(如Chainlink CCIP、Cosmos IBC),结合安全传输、标准化数据及智能编排,构建“区块链互联网”。 5. **关键案例**:Aave Horizon(混合借贷池,5.2亿美元规模)和Figure(民主化Prime市场,190亿美元贷款)展示成熟模式,强调跨链流动性对机构采用的重要性。
RWA市场现状如何? 互操作性如何解决碎片化? 机构采用面临哪些挑战?
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