Фрагментация RWA-сегмента ставит под угрозу миллиардные инвестиции, в то время как стремление к цифровой инфраструктуре набирает темпы Translation: Fragmentation of the RWA Segment Puts Billion-Dollar Investments at Risk as the Push for Digital Infrastructure Gains Momentum

The fragmentation of the market for real-world tokenized assets (RWA) across various blockchains results in an annual economic loss of up to $1.3 billion. This is reported by Cointelegraph, citing findings from RWA.io.

Such fragmentation hampers the flow of liquidity and the free movement of capital, preventing the segment from operating as a cohesive financial system.

Identical or economically equivalent assets are often traded at different prices across diverse blockchains. The complexity and costs associated with transferring funds hinder the market’s self-correcting mechanism—arbitrage.

“This fragmentation is the biggest barrier to realizing the multi-trillion dollar potential of this market. In traditional finance, the European SEPA Instant mandate illustrates how funds can be transferred between accounts in mere seconds. Tokenized assets should be just as user-friendly,” stated Marco Vidrich, co-founder and COO of RWA.io.

The report indicates that identical RWAs in major networks trade with price differences of 1-3%. Technical challenges such as transaction fees, delays, and operational risks render cross-chain arbitrage impractical, as the costs of transferring funds outweigh potential gains.

Experts estimate that merely moving capital from one network to another incurs losses of 2-5% of the transaction amount.

If the fragmentation model persists, the associated costs could range from $600 million to $1.3 billion annually.

Analysts project that the capitalization of the RWA segment could rise to $16-30 trillion by 2030. The annual losses due to inefficiencies could potentially reach $30-75 billion.

During the Sibos 2025 conference, the business development director of Swift and the head of traditional banking at Standard Chartered Bank discussed significant transformations in global finance.

As tokenization transitions from pilot projects to real-world applications, senior executives emphasized the need for a reliable digital global infrastructure. One of the primary challenges identified by the firm is fragmentation due to the multitude of blockchains that struggle to interact.

The Swift interbank messaging network serves over 11,500 financial institutions in more than 200 countries, leading the company to see the establishment of a proprietary distributed ledger as a natural progression.

Swift is executing this initiative in collaboration with over 30 global partners, including technology firms and central banks.

“By connecting tokenized assets across different networks and jurisdictions, the industry can better facilitate trade, payments, and economic growth worldwide. This discussion goes beyond technology; it’s about enabling financial transactions to evolve at the pace necessary for modern economies,” said representatives from Swift.

American post-trade, clearing, and settlement service provider Depository Trust & Clearing Corporation (DTCC) announced a partnership with Digital Asset. The aim of this collaboration is to tokenize U.S. Treasury bonds on the L1 blockchain, Canton Network.

This initiative marks a further development of DTCC’s experiments aimed at enhancing the mobility of collateral and advancing the company’s strategy to establish a digital asset ecosystem based on distributed ledger technology.

DTCC will also take a leading role in managing Canton Network, joining the Canton Foundation as a co-chair alongside Euroclear.

Additionally, the xStocks platform for tokenized equities has integrated support for the TON blockchain.