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Cryptocurrency News Articles

RWA NFTs Made up 24% of the $92.9M in Global NFT Sales That Week

Apr 23, 2025 at 03:53 am

Polygon NFTs made up 24% of the total $92.9 million in global NFT sales that week. The number of Polygon NFT buyers rose to over 39,000

RWA NFTs Made up 24% of the $92.9M in Global NFT Sales That Week

Polygon NFTs comprised 24% of the total $92.9 million in global NFT sales that week. The number of Polygon NFT buyers rose to over 39,000, marking an 81% increase from the previous week. The strong rise in activity allowed Polygon to take the lead for the first time in months.

Ethereum stayed in second place in terms of volume. Other top blockchains included Mythos Chain with $14.3 million and Bitcoin-based collections at $14.1 million.

Courtyard RWA NFTs Lead Polygon NFT Growth

The sharp increase in Polygon NFT activity came mainly from Courtyard, an RWA NFT collection. Courtyard reached $20.7 million in sales volume, nearly matching the full total of Polygon NFTs. No other collection across blockchains matched Courtyard’s sales in the same week.

Courtyard is an RWA platform that tokenizes physical collectible cards. These include graded Pokémon, baseball, and basketball cards. Each physical card is stored in a vault and insured by a third-party security firm.

When a buyer purchases a Courtyard NFT, the token represents ownership of a real-world card. The NFT can be traded on secondary marketplaces. If the buyer wants the actual card, they can request delivery. After that, the NFT is burned and removed from circulation.

Real-World Asset NFTs Drive On-Chain Activity

Tokenized real-world assets, or RWA NFTs, are a growing part of the NFT market. According to RWA.xyz, total RWA value reached $21.2 billion in early 2025. These numbers exclude stablecoins, which hold another $227 billion. The number of RWA asset holders is above 97,000.

RWA tokenization turns tangible items like art, real estate, or collectibles into digital tokens. These tokens can then be bought, sold, or redeemed on blockchain platforms. Courtyard uses this model by linking every NFT to a real card held in secure storage.

Moreover, Courtyard’s model shows how NFT technology can support ownership of physical items. Specifically, instead of speculative digital art, these tokens are backed by actual cards. Above all, the redemption process is irreversible, with each redeemed card triggering the destruction of its token.

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Other articles published on Apr 23, 2025