October 3, 2025

Real World Asset Tokenization in 2025: Market Leaders, Asset Trends, and What Comes Next

From Niche to Necessity: Tokenization's Institutional Moment

Venturebloxx has just released their flagship RWA Tokenization Report, co-published with This Week in Fintech, Stablecon, The Block, London Blockchain Conference, and other leading ecosystem partners. Brickken was proud to contribute to this report, bringing our regulatory and technological expertise to one of the most comprehensive explorations of tokenization today.The report dives deep into the strategies of top issuers, emerging asset trends, and the critical infrastructure powering this shift.

This blog summarizes key insights from that report, including real-world examples, data-backed projections, and an inside look at how tokenization is evolving from an idea into everyday infrastructure.

TL;DR: Learn the Trends, See What’s Next

Discover how tokenization is reshaping global finance and what it means for your business. This blog gives you the big picture, practical insights, and what’s coming in 2025 and beyond.

  • Find out what’s driving tokenization’s 6x market growth from $5B in 2022 to $29.4B in 2025.
  • See how top institutions are moving fast  with real-world examples from BlackRock, Apollo, and Siemens.
  • Explore which assets are trending now  and why tokenized credit, real estate, and Treasuries are just the start.
  • Understand where the market is heading, including forecasts up to $3 trillion and emerging asset classes.

Whether you’re building, investing, or exploring, this guide will help you stay ahead of the curve.

What Is Tokenization? And How Does It Work in 2025?

Tokenization is the process of creating a digital representation of financial instruments that are linked to real-world assets. These tokens represent rights or ownership claims and can be issued, managed, and transferred on the blockchain, while the underlying asset remains off-chain.

This approach unlocks new efficiencies in access, compliance, and liquidity. Once assets are tokenized, they can be fractionalized, embedded with programmable rights, and distributed across a global network of investors in a fully compliant manner.

Picture a hotel in Bogotá. Instead of selling the entire building, the owner can issue digital tokens that represent shares in the hotel's revenue or ownership structure. An investor in Singapore could buy a portion. A family office in Spain could receive automated distributions. The asset remains where it is, but its value is now accessible and operational worldwide.

That’s what tokenization enables in practice.

Why the Market Is Accelerating Now

Institutional capital is going live
Between 2023 and 2025, the report highlights a wave of adoption by leading institutions:

  • Siemens issued a €300 million corporate bond on-chain.
  • BlackRock launched BUIDL, a tokenized U.S. Treasury fund.
  • Apollo deployed tokenized private credit for institutional investors.

These are not pilots. These are billion-dollar issuances with compliance, distribution, and investor servicing built in.

Regulation is enabling growth
Across Europe, Asia, and the Americas, clear regulatory paths have emerged:

This clarity reduces uncertainty and drives participation.

The infrastructure is ready
Platforms now offer:

  • Jurisdiction-specific KYC and onboarding
  • Tokenized cap tables and governance modules
  • Fiat and crypto rails
  • Smart contract compliance and automated distributions

Benefits are measurable

  • For issuers: lower costs, programmable compliance, and faster issuance
  • For investors: access to fractional assets and global diversification
  • For regulators: transparent audit trails and improved supervision

Top Asset Classes Being Tokenized in 2025

Private credit – $16.8B
Private credit is growing fast due to strong yields and limited access. Tokenization unlocks this market for new types of investors.

Use cases: real estate debt, revenue-based financing, SME lending

Examples: Figure has tokenized over $12 billion in HELOCs. Apollo and Maple Finance deploy on-chain credit vaults.

U.S. Treasuries – $7.5B
Stable, low-risk instruments like Treasuries are attractive when tokenized, offering global, programmable access to secure yield.

Use cases: reserve strategies, DAO treasuries, DeFi composability

Examples: BlackRock’s BUIDL, Franklin Templeton’s BENJI fund, Ondo’s USDY token

Real estate
Real estate remains one of the largest and most fragmented asset classes. Tokenization makes it investable at scale.

Use cases: fractional ownership, tokenized REITs, ESG property funds

Examples: Brickken clients in LATAM tokenizing residential and hospitality assets. France and Japan tokenizing commercial property debt.

Corporate bonds
Tokenized corporate bonds reduce settlement times and allow smart compliance features.

Examples: Siemens issued a bond on DLT with two-hour settlement. HSBC’s Orion enables digital bond infrastructure for clients.

Is Tokenization Safe? What About Compliance?

Yes, and this is a key takeaway from the Venturebloxx report. The industry has shifted from low-regulation experimentation to fully compliant, institutional-grade infrastructure.

Built-in trust mechanisms now include:

  • KYC/AML layers by jurisdiction
  • Investor whitelisting and wallet verification
  • Real-time reporting for regulators
  • On-chain governance and voting rights

Brickken’s infrastructure integrates all of these features, allowing clients to issue and manage digital financial instruments across markets with built-in compliance.

What Comes Next for Tokenization?

The RWA Report projects the following trends by 2030:

  • The public tokenized RWA market could grow to between $500B and $3T
  • Private credit is projected to pass $200B
  • Real estate, ESG assets, and tokenized funds will likely lead adoption

The shift to tokenization is no longer experimental. It is becoming the foundational layer for a modern, efficient, and accessible financial system.

Download the Full Venturebloxx x Brickken Report

For deeper data, insights, case studies, and visualizations, download the full Venturebloxx RWA Report

If you are interested in tokenization and would like to learn more, book a consultation with our experts.

By
-