Week 3 of April. The pace is picking up. Here’s some recent relevant news…
Tokenized commodities surged past $7B according to a new Bitfinex report. Up 600% since early 2025. Tether Gold alone holds 40% of the segment at $4B . Tokenized soybeans and soybean oil each hit $400M. Green-finance commodities crossed $850M. This sector is no longer just gold.
RWA TVL growing while crypto bleeds. BTC flirting between $68K–$77K . Fear & Greed Index at 26. Meanwhile RWAs posted 4% gains in the same period.
Tokenized Treasuries approaching $14B. Up from $13.42B last week to the $13.6/13.8B range. USYC leads at $2.9B, BUIDL close behind. The category grew 37x since Q1 2023. $20B by end of Q2 is plausible at this pace.
CLARITY Act advancing but not yet at markup. House Financial Services Committee held a major hearing on RWA tokenization this month. Senate Banking Committee discussions ongoing but markup not yet scheduled. Polymarket odds for passage in 2026 hovering 55–70%. Not a done deal but the most serious legislative momentum RWA has ever had.
Bitfinex called out the $25B idle asset problem. Over $25B in tokenized RWAs sitting onchain earning nothing. They predict the next phase isn’t issuance and that it’s activation. Plug these tokens into lending, derivatives, and structured products.
MiCA enforcement is live in the EU. From 2026, firms must hold CASP authorization or shut down. Italy’s CONSOB already enforced deadlines.