Tokenized RWA market hits $37.29B as ownership questions emerge

TREE NEWS reports: Tokenized real-world assets on public blockchains reached $37.29 billion (excluding stablecoins) as of August 3, with treasury and money market products at $16.16 billion. As assets move on-chain, industry focus shifts from what can be tokenized to whether holding a token guarantees ownership of the underlying asset. Matrixdock’s Eva Meng highlights settlement as key, citing a case where 32.148 XAUm was burned for a 1 kg LBMA gold bar within T+3, demonstrating the path from token to physical delivery.