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The Defiant
2025-03-25 10:40:42

With $2 Billion in Real-World Assets, ZKsync Era is Now the Second-Largest RWA Chain

ZKsync Era is now the second-largest real-world asset (RWA) chain behind Ethereum, and it's largely driven by Tradable, a private credit tokenization firm. Tokenizing RWAs has been hailed as one of crypto’s ‘killer use cases,’ with funds like BlackRock’s BUIDL tokenized money market fund gaining widespread attention. Global consulting firm McKinsey & Co estimates that RWAs will be a $2 trillion to $4 trillion market by 2030. In terms of total value locked (TVL) on blockchain networks, there is nearly $9.5 billion in RWAs, according to RWA.xyz, with Ethereum accounting for roughly $5 billion and ZKsync Era $2.1 billion. In third place is Stellar, with a distant $472 million in TVL. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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