a16z Crypto: Tokenized traditional assets exceed $35 billion

a16z Crypto reported that the value of traditional assets tokenized on-chain has surpassed $35 billion. Excluding stablecoins, this figure is nearly triple the level seen a year before the passage of the CLARITY Act. The firm noted that the CLARITY Act will establish a regulatory framework for the infrastructure supporting these assets, with future developments contingent on upcoming legislative progress.