• 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

Chainlink Introduces 245 US Stock Data Streams for Cryptocurrency Platforms.

chest

Chainlink has launched 245 US equities and ETF data streams for crypto platforms, enabling reliable stock pricing beyond standard market hours.

user avatarSon Min-ho

Chainlink's 245 Data Streams Enhance Onchain Trading Capabilities

chest

Chainlink's 245 US equities data streams enhance onchain trading capabilities by converting fragmented market data into continuous, cryptographically signed streams, supporting high-frequency trading and improving risk management.

user avatarTando Nkube

Bitcoin's Bollinger Bands Signal Potential Upside Breakout

chest

MaxBecauseBTC highlights that Bitcoin's 3-day Bollinger Bands are highly compressed, suggesting low volatility and potential for an upside breakout.

user avatarAyman Ben Youssef

SNEK Price Drop Attributed to Market Fear

chest

SNEK's price decline is linked to market fear rather than issues with leadership or execution.

user avatarNguyen Van Long

SNEK Founders Maintain Commitment Amid Market Challenges

chest

SNEK founders continue to build and engage with the community despite market pressures.

user avatarSatoshi Nakamura

Andela Acquires Woven to Enhance AI Engineer Hiring

chest

Andela has acquired Woven, a technical assessment startup, to improve the hiring process for AI engineers.

user avatarKofi Adjeman

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.