Pantera says $321 billion tokenization market remains in ‘newspaper-on-a-website’ phase despite 60% growth
The Block
Pantera Capital reports that despite significant market growth, most tokenized assets still function merely as traditional wrappers rather than native onchain instruments.Summary
Pantera Capital reports that the $321 billion tokenized real-world asset market is currently in a primitive 'newspaper-on-a-website' stage. Using their Tokenization Progress Index, the firm found that 77.6% of assets are merely 'wrappers' for traditional infrastructure rather than true onchain instruments. While the market grew 60% in value to $320.6 billion, Pantera emphasizes that true maturity requires moving beyond simple asset representation to providing blockchain-native benefits like 24/7 settlement and improved composability.
(Source：The Block)