The 2025 State of Crypto Report by @a16zcrypto highlights a 4x expansion in RWAs over the past two years, underscoring how traditional finance is steadily moving onchain Among the emerging ecosystems, Aptos stands out as a major beneficiary of this trend. Over the past month alone, an additional $500M from @BlackRock BUIDL fund was deployed on Aptos, fueling a 70% increase in onchain RWA value and pushing the total to $1.2B. This growth reflects a deeper shift as capital is starting to recognize the efficiency and composability of onchain settlement layers. The rise of RWAs signals more than just liquidity inflow; it represents a merging of traditional yield-bearing instruments with blockchain-native infrastructure, opening the door for programmable credit markets, tokenized treasuries, and automated compliance frameworks. Meanwhile, @OrderlyNetwork is building the market layer offering onchain exposure to indices like the S&P 500 and Nasdaq 100, bringing institutional-grade liquidity and execution to DeFi.