#offshore adoption

➤ The RWA tokenization market has seen significant growth, reaching $34 billion, primarily driven by tokenized government bonds and money-market instruments. ➤ Despite the growth, a full capital market overhaul is not yet evident, as most tokenized assets still rely on traditional custody and settlement systems, with blockchain operating in the background. ➤ Regulatory uncertainty is a key factor slowing domestic adoption, leading many institutions to pursue RWA tokenization offshore, highlighting the importance of future regulatory clarity from bodies like the SEC and European MiCA.