A CoinShares/Token Terminal report found tokenized real-world-asset deposits in DeFi lending and DEXs grew from $2.3B to $7.4B over the past year. The same backdrop included BlackRock launching two new tokenized money-market funds and Wells Fargo announcing tokenized deposits for corporate clients this fall.
Matters because: this signals accelerating institutional on-chain adoption and may support long-term DeFi TVL growth.