• 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

2 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ripple CEO Announces No Plans for Immediate IPO

chest

Ripple CEO Brad Garlinghouse confirmed that the company has no immediate plans to go public, focusing instead on institutional adoption.

user avatarLucas Weissmann

Blockchain.com Confidentially Files for US IPO

chest

Blockchain.com has confidentially filed for a US IPO with the SEC, starting the process to go public alongside other crypto firms.

user avatarFilippo Romano

South Korean Crypto Tax Petition Gains Momentum

chest

A petition to abolish the crypto taxation framework in South Korea has gained significant traction, surpassing 53,000 signatures as of May 21, 2023.

user avatarTomas Novak

Grayscale Confirms GHYP Ticker for Hyperliquid ETF

chest

Grayscale has submitted an amendment to its HYPE ETF application, confirming the GHYP ticker for its upcoming Hyperliquid ETF.

user avatarEmily Carter

OKX to Introduce New Perpetual Futures Linked to Brent and WTI Crude

chest

OKX plans to launch new perpetual futures contracts linked to Brent and WTI Crude in collaboration with ICE, aiming to bridge traditional finance with digital trading.

user avatarKaterina Papadopoulou

HYPE as a Leading Indicator for Altcoin Momentum

chest

HYPE is viewed as a key indicator for altcoin momentum, signaling a return of risk appetite in digital assets.

user avatarMaya Lundqvist

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.