The $39 Billion RWA Question: Are Financial Markets Ready for Assets That Never Sleep?

From tokenized ETFs to Uber's 24/7 treasury experiment, recent developments suggest that the next phase of tokenization will be defined by market infrastructure, not simply the number of assets

From tokenized ETFs to Uber's 24/7 treasury experiment, recent developments suggest that the next phase of tokenization will be defined by market infrastructure, not simply the number of assets brought onchain. For years, the conversation around real-world asset (RWA) tokenization has focused on one idea: bringing traditional financial assets onto blockchain networks. Real estate. Government bonds. Equities. Private credit. Commodities. The promise has been greater accessibility, faster settleme