BNB Chain RWA TVL Hits $5.2B As Tokenized Assets Move Beyond Ethereum
BNB Chain has reached about $5.2 billion in tokenized real-world assets, according to RWA.xyz, making it the second-largest RWA network behind Ethereum. The figure rose roughly 32.26% in a month and includes hundreds of assets across U.S. Treasuries, real estate, commodities, and equities. This suggests tokenization is becoming a multi-chain market rather than an Ethereum-only sector. Ethereum still dominates thanks to liquidity, stablecoin depth, and mature DeFi infrastructure, but BNB Chain’s growth shows other networks can compete on lower fees, retail reach, and exchange-linked liquidity. The main question is durability: whether these assets see real usage, collateralization, and DeFi integration, and whether issuers meet compliance requirements.
