• 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

Ghana Launches First Regulatory Crypto Sandbox

chest

Ghana has launched its first regulatory crypto sandbox, allowing 11 approved Virtual Asset Service Providers to pilot their products in a controlled environment for 12 months.

user avatarTenzin Dorje

Congress Faces Urgent Need to Address Social Security Insolvency

chest

Congress faces an urgent need to address Social Security insolvency as the trust fund depletes faster than expected, requiring immediate legislative action to prevent significant benefit cuts by 2032.

user avatarMohamed Farouk

Social Security Benefit Cuts Looming for 72 Million Americans

chest

Starting in 2032, Social Security recipients may face benefit cuts of up to 28% due to the depletion of the trust fund.

user avatarBayarjavkhlan Ganbaatar

XRP Withdrawals Surge as ETF Demand Remains Strong

chest

Recent data indicates a significant increase in XRP withdrawals from Binance, coinciding with strong demand for XRP ETFs.

user avatarElias Mukuru

Arthur Hayes Advises Against Bitcoin Investment Until Fed Increases Money Supply

chest

Crypto analyst Arthur Hayes advises against investing in Bitcoin until the Federal Reserve increases money supply.

user avatarDiego Alvarez

Roman Storm Set for Retrial on Money Laundering Charges

chest

Federal prosecutors are moving to retry Roman Storm, co-founder of Tornado Cash, on charges of money laundering and sanctions violations.

user avatarKenji Takahashi

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.