DWF Labs: $31B in Tokenized Real-World Assets Onchain, But Under 10% Active in DeFi

DWF Labs Research reports that over $31 billion in real-world assets (RWAs) have been tokenized on blockchains, but less than 10% (~$3 billion) is actively used in DeFi. The report argues that the next phase of tokenization will be won by platforms that make these assets liquid,