Coinbase CEO Emphasizes RWA Tokenization Despite SEC Delays

The growth of real-world asset (RWA) tokenization has been significant, with the market expanding from under $3 billion in 2024 to over $30 billion in on-chain assets. This trend is expected to continue as financial giants such as BlackRock, JPMorgan, and Franklin Templeton participate in the production of tokenized market instruments.

Despite this growth, the US Securities and Exchange Commission (SEC) has delayed plans for tokenized stock trading due to concerns about implementation risks. The SEC had proposed an 'innovation exemption' for crypto-based stock trading, but regulators have not formally decided to revise the proposal.