Lumia's July update highlighted continued momentum across the real-world asset sector, as tokenized asset value reached $37.55 billion and the number of RWA holders climbed to 1.48 million.

During the month, Lumia outlined its upcoming AI infrastructure, designed to support the full RWA lifecycle by helping users evaluate assets, manage portfolios, and navigate compliance, while assisting issuers with tokenization and market access.

The update also pointed to growing institutional adoption, with DTCC bringing tokenized securities into live production and BNY launching digital transfer agency services for blockchain-based funds, including offerings from BlackRock.

Lumia emphasized that the next phase of tokenization extends beyond issuance, requiring infrastructure that combines compliance, liquidity, data, and intelligent automation to support real-world assets at scale.