
By the end of Q1 2026: > tokenized RWAs had scaled to $19.3B > tokenized commodities had grown to $5.5B > tokenized stocks had reached $0.5B > tokenized ETF market cap had reached $0.3B > RWA perps volume had climbed to $524.8B in Q1 alone That is not one isolated pocket of growth. It is a sign that tokenization is spreading across multiple layers at once: > more asset classes > more trading activity > more distribution channels > more ways for users to access these assets > more competition around who controls the infrastructure underneath That last part matters most. As @coingecko points out, the market is becoming more competitive around regulatory standing, asset coverage, and distribution reach. In other words, the conversation is moving beyond whether RWAs can exist onchain. The real question now is: which networks and rails are actually built to carry this market as it scales? That is where Rayls sits. Rayls is not built around speculative throughput claims or generic tokenization rhetoric. It is built around the harder part of this market: > compliant infrastructure > institutional-grade execution > privacy where financial activity requires it > rails for real-world assets and receivables > broader access paths as the ecosystem expands A market at $19.3B does not just need more issuance. It needs better infrastructure for participation, movement, distribution, and settlement. It needs systems that can support real financial activity without breaking under the requirements institutions actually operate with. That is why reports like this matter. They do not just show that the RWA category is growing. They show that tokenization is becoming an infrastructure race. And that is the race Rayls is being built for. CoinGecko’s RWA Report 2026: coingecko.com/research/publi…


