• 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

Memory Stocks Surge Amid AI Demand and Chip Shortages

chest

The memory trade is experiencing a significant influx of capital as chip shortages coincide with rising demand for AI infrastructure.

user avatarGustavo Mendoza

Public Comments Invited for USMCA Review

chest

The US Trade Representative announced a public comment period for the USMCA review, set to conclude by November 2025. Public comments will be accepted as part of the USMCA review process amidst existing trade disputes.

user avatarRajesh Kumar

USMCA Review Triggers Trade Tensions

chest

The USMCA review has raised concerns about trade disputes between the US and Canada, potentially impacting North American supply chains.

user avatarMiguel Rodriguez

New Siri to Utilize Google's Gemini AI for Enhanced User Experience

chest

The upcoming Siri update will enable complex task execution and personal data access with user permission.

user avatarLuis Flores

Apple's Strategic Move to Enhance Siri's Competitiveness

chest

Apple's partnership with Google enhances Siri's capabilities, positioning it competitively in the AI landscape.

user avatarMaria Gutierrez

Apple and Google's AI Partnership to Transform Siri

chest

Apple partners with Google to leverage Gemini AI for Siri.

user avatarArif Mukhtar

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.