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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

XRP Reclaims 110 Level Amid Broader Crypto Strength

chest

XRP surged 11% intraday to reclaim the 110 level, signaling a short-term win for bulls after weeks of volatile trading.

user avatarElias Mukuru

Ripple CEO Highlights Growing Crypto Ownership Among Americans

chest

Ripple CEO Brad Garlinghouse highlights that 67 million Americans now hold cryptocurrency, indicating a shift from fringe to mainstream adoption.

user avatarElias Mukuru

Wyoming Stable Token Commission Moves FRNT to Chainlink CCIP

chest

The Wyoming Stable Token Commission has announced the migration of the Frontier Stable Token (FRNT) infrastructure from LayerZero to Chainlink CCIP.

user avatarDiego Alvarez

Nethermind Transitions to Chainlink CCIP as Node Operator

chest

Nethermind has transitioned its crosschain node operations to Chainlink CCIP, ending its role in the LayerZero Decentralized Verifier Network.

user avatarKenji Takahashi

NAVI Prime's Curated Lending Markets: A Step Towards Enhanced Risk Management

chest

NAVI Prime introduces curated lending markets to enhance risk management in DeFi by isolating environments and customizing collateral rules.

user avatarMaria Fernandez

NAVI Protocol Launches NAVI Prime: A New Era in Decentralized Lending

chest

NAVI Protocol has launched NAVI Prime, a modular lending framework on the Sui blockchain that replaces shared liquidity pools with independently curated lending markets.

user avatarGustavo Mendoza

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.