• 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

Increased Activity on XRP Ledger Signals Network Usage Growth

chest

Transaction activity on the XRP Ledger has surged, indicating a rise in real network usage.

user avatarMiguel Rodriguez

XRP Market Liquidity Shifts to Upbit

chest

Recent data indicates that Upbit has surpassed Binance and Coinbase in XRP trading volume, signaling a notable shift in market liquidity.

user avatarLuis Flores

Sharplink Reports Significant Loss Amid Ethereum Price Drop

chest

Sharplink reported a full-year loss of $734 million due to declining Ethereum prices, despite achieving $101 million in profits in 2024.

user avatarArif Mukhtar

UK Political Landscape Faces Scrutiny Over Crypto Donations

chest

Reform UK has become the first major British political party to accept cryptocurrency donations, raising concerns about transparency, money laundering, and foreign interference in elections.

user avatarMaria Gutierrez

Nigel Farage Joins Stack BTC Plc as Investor

chest

Reform UK leader Nigel Farage has made a notable investment in Stack BTC Plc, contributing to a fundraising round aimed at bolstering the company's Bitcoin treasury.

user avatarDavid Robinson

Dogecoin Faces Critical Support Level Amidst Technical Analysis

chest

Dogecoin is currently trading near multiyear lows, with traders speculating on a potential breakout as it tests a critical support level.

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.