Tokenization is moving beyond Treasurys and commodities.
As the market expands, private credit is becoming one of the clearest categories where on-chain infrastructure can improve access, reporting, and capital formation.
Tokenized assets used to be mostly Treasurys and commodities. That’s changing.
In early 2024, those two categories accounted for almost the entire market.
They’re still about two-thirds of it, but other kinds of assets are starting to take up more space.