# Tokenized Real-World Assets Shift From Minting to Circulation

The measure of tokenization success moves from value locked to transfer activity, pushing issuers and chains to demonstrate that on-chain real-world assets are actually used for settlement and collateral.

- Conviction: 40 / 100 (forming)
- Horizon: Emerging (watchlist)
- Tracking since: 2026-07-08T00:00:00.000Z
- Last updated: 2026-07-08T05:13:37.130Z
- Canonical: https://polylog.news/crypto/trends/rwa-tokenization-turns-to-usage
- Publisher: Polylog