a16z: Tokenized Traditional Assets Excluding Stablecoins Exceed $35 Billion

According to a16z crypto, citing data from rwa.xyz, the market size of tokenized traditional assets excluding stablecoins has surpassed $35 billion, nearly tripling since the passage of the CLARITY Act a year ago. US Treasury-backed assets represent the largest share. a16z crypto noted that the CLARITY Act provides regulatory support for on-chain infrastructure, with future growth contingent on the upcoming vote on the bill next week.