The tokenization of Real-World Assets (RWAs) represents a foundational shift in global finance, converting tangible and financial assets like real estate, private credit, bonds, and art into programmable digital tokens on blockchains. This transformation is driven by major financial institutions, including BlackRock, J.P. Morgan, and Goldman Sachs, who are actively building the infrastructure to bring trillions of dollars of assets on-chain. Projections indicate the market could swell from its current estimated size of $24-30 billion to over $16 trillion by 2030, unlocking a potential $400 billion annual revenue opportunity in the alternative investments sector alone.The core value proposition of tokenization lies in its ability to enhance liquidity for traditionally illiquid assets, enable fractional ownership to democratize access, and dramatically improve operational efficiency through automated, near-instant settlement via smart contracts. However, significant challenges persist, creating a "liquidity paradox" where the technological capability to tokenize assets has outpaced the development of deep, tradable secondary markets. The primary barriers are a fragmented and evolving global regulatory landscape, the operational complexities of linking on-chain tokens to off-chain legal and custodial frameworks, and the need for greater interoperability between siloed blockchain networks. The industry is at an inflection point, with institutional readiness and nascent regulatory clarity setting the stage for a phased transformation from pilot projects to a fully integrated digital market infrastructure.