Fred Hubler’s article looks at how blockchain is rewriting the old rules of alternative investing. Assets once out of reach for most investors, like fine art, a penthouse, or a private loan, are now being sliced into tokenized real-world assets, or RWAs, opening access to anyone with a few hundred dollars to invest.
He explains that tokenization starts with a real-world asset, such as an apartment building or a piece of art. A token created on a blockchain acts as a “digital twin,” representing ownership of that asset. Because these tokens are divisible, investors can buy small fractions, similar to owning fractional shares of a stock. Like a stock, tokenized RWAs offer potential for growth and income, and they can be bought, traded, and sold between investors on blockchain platforms.
Hubler cites Coinbase’s 2025 Crypto Market Outlook report, which found tokenized real-world assets grew over 60% to $13.5 billion as of December 2024.
Worth noting: this piece just scratches the surface of what tokenized assets can look like, and how much this space is projected to grow.
For the rest of the story, head to Forbes: Everything Everywhere All At Once – Now Tokenized.