LIVETOP 4 HIGHLIGHTS OF RWA REPORT 2024: RISE OF REAL WORLD ASSETS 📈🏢
Real World Assets (RWAs) in crypto have a long history, starting with fiat-backed stablecoins such as Tether (USDT).
However, since the introduction of hashtag#DeFi in 2020, and the bear market of 2022, a more diverse variety of hashtag#RWAs have been tokenized to cater to the needs of on-chain investors.
While RWAs are still predominantly focused on debt / credit, other assets such as hashtag#realestate, hashtag#art & hashtag#collectibles, etc have also piqued the interest of investors.
Fundamentally, hashtag#RWA projects live at the intersection between the real world and blockchains, and between issuers and investors.
Whether they can act as an effective intermediary at these intersections will be pivotal to their success.
While there will inevitably be reliance on third parties, such as hashtag#oracles, hashtag#custodians, creditassessors, and more, how these are effectively utilized and managed will remain crucial for their continued operations.
We’ve summarized the hashtag#key highlights, but be sure to dig into the full 22 slides below.
1-USD-Pegged Assets Dominate Fiat-backed Stablecoins, Accounting For 99% of All Stablecoins
2-Commodity-Backed Tokens Hits $1.1B in Market Capitalization, Gold Remains Most Popular Commodity
3-Tokenized Treasury Products Have Grown 641% in 2023, Worth Over $861M Now
4-The Demand For Private Credit Is Largely Concentrated In The Automotive Sector, Comprising 42% Of All Loans
Vicente Ortiz
Vicox.legal
