A Brief Discussion on Why TRU Might Be a Hundredfold Coin in RWA
First of all, I declare that I am not a fan of TRU, I am just studying the fundamentals.
A brief discussion on the disruptive application scenarios of tru's truemarkets. By 2025, RWA tokenization will see projects worth hundreds of billions or even trillions, which is a consensus. Compared to the 30 trillion assets on-chain by 2030, this is just the beginning.
Currently, the leading RWA projects include ONDO; CFG; OM; TRU; SOLO; PLUME; and of course some smaller ones like CHEX; OPUL, etc. There are also classifications such as physical tokenization, bond tokenization, and debt tokenization, among which US Treasury bond tokenization is being adopted on a large scale. Currently, ONDO, CFG, and TRU have relevant products, ONDO collaborates with BlackRock, and TRU collaborates directly with the US Treasury. However, considering the founder's Jewish identity, I feel the probability is very high. ONDO and CFG can only invest in US Treasury bonds in one direction, while TRU can use US Treasury bonds as collateral for reverse lending, indicating that TRU is more innovative.