Aptos jumped from about $250M and #11 in Aug' 23 to top 3 with $722M+ by Aug' 25. In two year, it went from outsider to pace-setter. With fast finality and compliance ready rails, the road to #1 doesn't look far. - PACT: ~$640M (~84%) - BlackRock: ~$64M (~9%) - Franklin Templeton Benji: ~$22M (~3%) - Libra Capital: ~$20M (~2.8%) - Ondo: ~$7.5M (~1%) That's real, brand name capital choosing Aptos, clear signal that RWAs on Aptos are past the pilot phase. Next milestone: $1B + TVA and broader mix. Institutions are choosing Aptos for speed, finality, and compliance ready rails. Mass adoption of RWAs isn't a slogan, it's underway on Aptos.