Tokenized RWAs Reach $65B as XLM and HBAR Draw Attention

Tokenized RWAs reach $65 billion, while $303 billion in daily repo volume brings Stellar and Hedera into focus for institutional finance.

• Public tokenized assets have reached $65 billion, while tokenized bonds account for at least $8 billion across reported markets.
• Tokenized repos average $303 billion in daily volume, showing the scale of collateral transactions within traditional financial markets.
• Stellar and Hedera could attract institutional business, although wider tokenization alone does not guarantee increased demand for XLM or HBAR.

Tokenized RWAs are expanding across financial markets, with public assets reaching $65 billion and daily repo volumes averaging $303 billion, according to reported IMF figures.

Traditional Finance Takes Tokenization Further

The figures place blockchain-based financial products firmly within the institutional finance conversation. Publicly tokenized assets now total approximately $65 billion, excluding repurchase agreements. Tokenized bonds account for at least $8 billion, according to the supplied data.

The market covers familiar instruments, including securities, bonds, and money market funds. Instead of relying entirely on conventional records, institutions can represent ownership through digital tokens. This approach may simplify transfers and reduce administrative work between financial participants.

ALLINCRYPTO (@RealAllinCrypto) drew attention to the figures in a post on X. The account identified collateral and money market funds as opportunities for Stellar (XLM) and Hedera (HBAR). Both networks are associated with efforts to bring financial products onto blockchain infrastructure.

However, the total market value does not reveal how much activity belongs to either network. Some institutions use private platforms, while others issue assets through public blockchains. Stellar and Hedera must therefore compete for specific business as adoption develops.

Repo Volumes Put Digital Collateral in Focus

Tokenized repurchase agreements averaged $303 billion in daily volume over a 30-day period. These transactions allow institutions to obtain short-term funding against securities pledged as collateral. Their scale makes repo activity an important part of the tokenization story.

In conventional markets, collateral transactions require coordination between counterparties and settlement systems. Digital records could help participants verify ownership and move assets more efficiently. Faster processing may also improve access to collateral that would otherwise remain tied up.

Yet, replacing existing processes requires more than introducing blockchain technology. Financial institutions need reliable infrastructure, compatible systems, and clear legal arrangements. Without those conditions, potential efficiency gains may prove difficult to achieve at scale.

Money market funds provide another possible application for tokenization. Digital versions could support programmable transfers and more streamlined settlement. Their uptake will depend on investor demand, regulatory requirements, and practical advantages over existing arrangements.

Stellar and Hedera Need Measurable Adoption

Stellar’s payment infrastructure and asset-tokenization capabilities make it relevant to this developing market. Institutions seeking digital issuance and transfer services could provide opportunities for its ecosystem. Actual deployments and recurring transactions will show whether those opportunities translate into sustained use.

Hedera also offers distributed ledger technology designed for enterprise applications. Tokenized financial products could attract businesses seeking alternative methods of managing and transferring assets. However, adoption will depend on institutional requirements and competition from other platforms.

For investors, growth in tokenized assets does not automatically translate into higher demand for XLM or HBAR. The value represented on a network can differ considerably from the economic activity generated by its native token. Transaction requirements and each network’s economic design help determine that relationship.

The reported figures show that tokenization already operates at substantial scale in financial markets. Still, future growth will depend on which platforms secure lasting institutional participation. Stellar and Hedera have potential opportunities, but measurable adoption will matter more than market-wide expansion alone.