• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The analyst identified 7 key areas of RWA development

The analyst identified 7 key areas of RWA development

user avatar

by Max Nevskyi

3 years ago


An expert from CoinDesk, Sanjay Raghavan, has published a new article discussing the key trends in the tokenization of real-world assets (RWA) for 2024. In the article, he notes that the crypto industry has witnessed various events, including the collapse of major projects such as Terra (LUNA), Celsius, Voyager, and FTX, as well as crises related to the bankruptcies of Silvergate, Signature, Silicon Valley Bank, and other financial institutions.

The expert emphasizes that the tokenization of real-world assets is an important blockchain investment mechanism that involves real physical assets, including real estate, cars, and other tangible objects. In his opinion, in 2024, there are 7 key trends in this field.

The first of these trends is stablecoins. The market capitalization of stablecoins is approximately $125 billion, and they form the foundation of the infrastructure that will contribute to the development of the digital economy.

They are designed to revolutionize global payments, money transfers, e-commerce, trade finance, and much more.

Next are tokenized treasury bonds. Several companies, such as Franklin Templeton, Ondo, Backed, Maple, Open Eden, and Superstate, have already taken leading positions in this area. According to data from the RWA.xyz platform, this new asset class has already reached a capitalization of $700 million.

The private credit market, valued at $1 trillion in the USA and $1.7 trillion worldwide, will also continue to evolve. DeFi protocols like Centrifuge, Goldfinch, Credit, Maple, Huma, and others are "changing the rules of the game and opening gateways to access debt capital from public markets, the banking system, and traditional private creditors."

Collectible NFTs and non-fungible tokens from consumer brands will be in demand. Companies such as Nike, Adidas, Louis Vuitton, Coca-Cola, and Starbucks are already actively using digital technology to showcase their products. In addition, there is significant interest in DeFi products in the field of climate and regenerative financing, tokenized deposits, and wholesale banking operations.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SanDisk Stock Reclaims 1,400 Level Amid Bullish Predictions

chest

SanDisk stock has reclaimed the 1,400 level, closing at 1,427 after a low of 998 during the July crash, attracting bullish predictions from Wall Street.

user avatarMiguel Rodriguez

China's New Digital Payment System Aims to Challenge US Dollar

chest

China is developing a digital payment infrastructure to facilitate cross-border trade without relying on the US dollar, aiming for dedollarization and financial sovereignty.

user avatarLuis Flores

Emergence of New Luddite Movement Against AI Data Centers

chest

Tennessee state Rep Justin Pearson has emerged as a leading voice in the New Luddite movement, advocating for moratoriums on data centers and stricter oversight of AI technology.

user avatarArif Mukhtar

Nationwide Protests Against AI Data Centers Lead to Arrests

chest

At least 37 individuals have been arrested during protests against AI data centers across the United States this year.

user avatarMaria Gutierrez

Coinkite's Technical Analysis Reveals Coldcard Vulnerability

chest

Coinkite published a technical backgrounder explaining the vulnerability that led to the Bitcoin theft from Coldcard wallets.

user avatarDavid Robinson

Cardano ADA Sees Notable Price Surge.

chest

Cardano ADA has experienced a significant price rally, with a 62% increase in the last 24 hours, driven by community support and whale accumulation.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.