The RWA market has huge potential, Aptos rises prominently

Tokenization of Real-World Assets ( RWA ) is a highly regarded field that has yet to fully unleash its potential in connecting traditional markets with massive assets. Data shows that the total market value of RWA assets in the crypto industry is only $24 billion, and even with a 56% surge in the first half of this year, it is still far from expectations. This indicates that the development of RWA is just beginning, and as more real-world assets are tokenized in the future, RWA is expected to enter a new phase.

At this critical moment, Aptos is showing strong momentum. In the past 30 days, the total locked value of RWA on the Aptos chain has increased by 56.4%, reaching $538 million, ranking third among public chains. With the continuous improvement of the ecosystem, Aptos is expected to gain a favorable position in the next stage of competition for RWA.

Private Credit Dominates the Current RWA Market

Private credit accounts for 58% of RWA assets, making it the most关注的 asset class, followed by U.S. Treasuries. Private credit mainly exists in on-chain form, with lower liquidity; meanwhile, U.S. Treasuries face competition from interest-bearing stablecoins.

Private credit refers to loans provided by non-bank institutions or investors to businesses or individuals in the private market. Traditional private credit attracts institutional investors due to its flexibility and high returns, but it also has pain points such as high costs and low efficiency. Crypto protocols act as intermediaries, issuing and managing assets on-chain, reducing costs and increasing transparency.

Private Credit Asset Tokenization Process

( 1. Off-chain credit asset generation

The asset issuer is responsible for generating off-chain credit assets. Private credit institutions, SME financing platforms, etc. sign loan agreements, set collateral assets, formulate repayment plans and default terms, and review the borrower's financial situation. This step ensures that the assets meet traditional financial standards.

) 2. Building On-chain Token Structure

Through the RWA protocol, loans are mapped to on-chain tokens. The token forms include NFT, SFT, or ERC-20 types. The token metadata covers information such as the borrower's anonymous identification, principal amount, interest rate, repayment frequency, and more. The smart contract supports functions such as repayment status management and automatic profit distribution.

3. Compliance Packaging

The tokenization process must comply with regulatory requirements. Establish special purpose entity ###SPV### or virtual asset service provider (VASP) as the legal custodian. Investors must complete KYC/KYB and AML checks. Off-chain disclosure documents clarify the attributes of the tokens, combined with on-chain hash verification and off-chain encrypted storage of personal information to ensure compliance.

( 4. Token Issuance and Financing

Showcasing tokens through the platform, accepting on-chain investments. After completing KYC verification, investors use cryptocurrencies to invest, receiving RWA tokens as proof, and receiving repayment of principal and interest on schedule.

) 5. Profit Distribution and Asset Liquidation

After the borrower repays the loan, the funds are transferred on-chain through the issuer and SPV, and allocated to token holders. The smart contract automatically splits the interest, and the principal is returned or arrangements are made for asset continuation upon loan maturity. Some token structures allow trading on DEX or dedicated markets, but usually have a lock-up period.

Aptos's Competitive Advantages in the RWA Track

Technical Advantages

Aptos, as a new generation Layer 1 blockchain, demonstrates unique advantages in the RWA track:

1. High throughput and low latency: Aptos theoretical throughput can reach 150,000 TPS, while actual environments stabilize at 4,000-5,000 TPS. The final confirmation time for transactions is only 650 milliseconds, supporting large-scale loan issuance and real-time repayment distribution.

2. Low transaction costs: The average transaction fee is less than $0.01, which is beneficial for frequent on-chain operations.

3. Modular Architecture and Scalability: Separating the consensus, execution, and storage layers, suitable for managing complex RWA asset metadata.

Ecological Layout

Aptos has enhanced its competitiveness by collaborating with traditional financial giants and expanding its DeFi ecosystem:

1. Institutional Collaboration: Introduce Ondo Finance's USDY, Franklin Templeton's BENJI tokens, etc., to enhance compliance credibility.

2. Regulatory Friendly: Built-in on-chain identity verification and asset tracking features comply with KYC/AML requirements. Against the backdrop of a gradually clarifying global regulatory environment, Aptos has become an ideal regulatory-friendly public chain.

3. Emerging Market Positioning: Focus on areas with insufficient financial inclusion, providing diversified financing solutions for emerging markets through the Pact protocol.

Summary

Aptos is rapidly rising in the RWA sector, with the RWA TVL reaching $538 million in June 2025, ranking third among public chains. The Pact protocol contributed over $420 million in assets, significantly enhancing ecological competitiveness. Private credit serves as the growth engine for RWA, achieving on-chain composability through tokenization, resulting in an annualized return of 6%-15%.

Aptos's low transaction fees and fast confirmation times support real-time lending and settlement. As the interest rate spreads in traditional financial markets tighten, institutions are turning to on-chain solutions, and Aptos is filling the financing gap for small and medium-sized enterprises by servicing emerging markets. In the future, with an improved regulatory environment and the expansion of the DeFi ecosystem, Aptos is expected to add $500 million in RWA TVL by 2026, demonstrating sustained growth potential in the private credit space.