The RWA market is on the brink of dawn, and Aptos is expected to stand out in the next phase of competition.

As a highly anticipated sector, Real World Asset (RWA) tokenization has yet to demonstrate its ability to connect traditional market trillion-dollar assets. Data shows that the total market value of RWA assets in the crypto industry is only $24 billion, even with a 56% surge in the first half of this year. This indicates that the development of RWA is just beginning, and as more asset classes achieve tokenization in the future, RWA will enter a new phase.

During this critical period, Aptos has demonstrated strong momentum. In the past 30 days, the total value locked (TVL) of RWA on the Aptos chain has increased by 56.4%, reaching $538 million, rising to third place among public chains. With more investment opportunities emerging, Aptos is expected to occupy a favorable position in the next development stage of RWA.

Private Credit: Current Mainstream Asset Class of RWA

Private credit accounts for 58% of RWA assets, becoming the most关注ed asset class, followed by US Treasury bonds. Private credit assets mainly exist in on-chain form, mostly lacking trading liquidity; while US Treasury bonds face competitive pressure from interest-bearing stablecoins.

Private credit refers to loans provided by non-bank institutions or investors to businesses or individuals in the private market. In the traditional finance sector, private credit has attracted a large number of institutional investors due to its flexibility and high returns. However, it also faces issues such as high costs, low efficiency, and access restrictions.

The crypto protocol addresses the pain points of traditional private credit by issuing and managing assets on-chain, eliminating multiple intermediaries to reduce costs, and increasing transparency by providing real-time performance data.

Private Credit Asset Tokenization Process

1. Off-chain credit asset generation: The asset issuer is responsible for generating off-chain credit assets, including signing loan agreements, setting collateral assets, formulating repayment plans and default terms, and reviewing the borrower's financial status.

2. Build the on-chain token structure: Map loans to on-chain tokens through the RWA protocol, which can take the form of NFT, SFT, or ERC-20, etc. The token metadata includes borrower anonymous identification, principal amount, interest rate, repayment frequency, maturity date, and other information.

3. Compliance Packaging: Establish a special purpose entity or virtual asset service provider as a legal custodian to ensure compliance with regulatory requirements. Investors must complete KYC/KYB and AML reviews.

4. Token Issuance and Financing: Display tokens through the protocol platform and accept on-chain investments. Investors can use cryptocurrencies to invest after completing KYC verification and receive RWA tokens as proof.

5. Profit Distribution and Asset Settlement: After the borrower repays, the funds are distributed to token holders via smart contracts. Upon loan maturity, the principal is automatically returned or arrangements are made for asset continuation.

Aptos's Competitive Advantages in the RWA Track

Technical Advantages

• High throughput and low latency: Aptos uses the Block-STM parallel execution engine, with a theoretical throughput of up to 150,000 TPS, and stable in real production environments at 4,000-5,000 TPS. The final confirmation time for transactions is only 650 milliseconds, supporting instant settlement.

• Low transaction costs: Average transaction fees are below $0.01, which is beneficial for frequent on-chain operations.

• Modular architecture and scalability: separating consensus, execution, and storage layers, suitable for handling complex RWA asset management requirements.

Ecological Layout

• Institutional Collaboration: Collaborate with traditional financial institutions such as Ondo Finance and Franklin Templeton to enhance credibility and compliance.

• Regulatory friendly: Compliant with regulatory requirements through partnerships with compliant platforms, built-in on-chain identity verification and asset tracking features.

• Emerging market positioning: Focus on regions with inadequate financial inclusion to promote RWA ecosystem development.

Summary

Aptos's rapid rise in the RWA sector is due to its technological advantages and ecological layout. By June 2025, its RWA TVL reached $538 million, ranking third among public chains. Private credit acts as the growth engine for RWA, achieving on-chain composability through tokenization, generating annual yields of 6%-15%. Aptos's low transaction fees and fast confirmation times support real-time lending and settlement, with the potential to further expand market share in the future.

As the interest rate spread in traditional financial markets tightens, institutional investors are turning to on-chain solutions. Aptos is filling the financing gap for small and medium-sized enterprises by servicing emerging markets. By 2026, Aptos is expected to add $500 million in RWA TVL, demonstrating sustained growth potential in the private credit sector.