Real-World Assets (RWAs) are traditional assets—like real estate, private credit, or commodities—brought onto blockchains through tokenization. This makes them easier to trade, fractionalize, and use as collateral. RWAs offer investors access to yield, liquidity, and diversification without the constraints of traditional financial systems. The market is growing quickly, driven especially by tokenized Treasury and credit products. While RWAs create new opportunities, they also require careful diligence around legal structures, custodial risk, and smart-contract design.