According to a report by Nansen, tokenized versions of real world assets, including commodities and real estate, have outperformed Bitcoin and Ethereum in 2023. The report introduces Nansen's Real World Asset Index, which tracks 22 different governance tokens created on Ethereum. Tokenization of assets such as commodities, real estate, art, and bonds has become a popular way to manage these assets, with a significant uptick in interest in tokenized RWAs in 2023. Debt market protocols have been particularly popular, with five protocols in this category reaching the top 10. Despite the ongoing bear market, interest by investors in real world asset markets is trending positive.