Gate News, April 10: Market maker Keyrock and tokenization platform Securitize released a joint report on April 9, predicting that the distributed RWA market that can be freely transferred on-chain will grow from about $29 billion today to $400 billion by 2030 under a baseline scenario, an increase of more than 1,000%. A broader blockchain-tracked RWA market is expected to reach $5 trillion over the same period. The report covers five asset classes: U.S. Treasuries, private credit, equities, commodities, and alternative funds. Among them, tokenized perpetual futures contracts are the fastest-growing on-chain channel: over six months, trading volume increased 40x to a monthly average of $67 billion, rising from 0.1% of total on-chain derivatives to 10.1%. It is expected to reach 50% of total on-chain derivatives by 2028. The report also notes that tokenized Treasury yields, since mid-2024, have been on more days than the DeFi benchmark stablecoin lending rates for 64% of the days, and in the first quarter of 2026 they reach 98%. Currently, tokenized RWAs account for less than 0.1% of the global $4 trillion tokenizable market.