RWA Hidden Gem - Bullish Alpha Part 2
Continue with part 1
6/ $ONDO - OndoFinance belongs to the Treasuries segment with support from Blackrock and a series of other prominent VCs such as: DCG, Pantera, Coinbase, CMS, Wintermute, Founders Fund
They have 2 main products: Stablecoin $USDY & tokenization of US government bonds
TVL 300M+
Fundraising: 32.4M
MC: 1.2B
FDV: 8.3B
Although $ONDO is currently the lead trend RWA project (only counting projects that already have tokens), Trong will still choose to Invest in the Private Credit segment, specifically $CFG & $GFI with a higher expected ROI than $ONDO
7/ $mTBILL - @MidasRWA is a project in the same segment as $ONDO with support from Blackrock & Circle. Midas' main product is the tokenization of the US government's treasury
Backed: @hiFramework, Coinbase, Hack VC, CSR, Block Tower,....
Fundraising: 8.75M (Seed Round)
Trong believes that @MidasRWA will be the next hidden gem in the RWA field and they are no less than $ONDO.
8/ $TRADE - @Polytrade_fin marketplace for RWA with outstanding Backed platforms such as: @DWFLabs, @0xPolygon,....
Fundraising: 5.51M
MC: 66.52M
FDV: 203M
Trong personally will not invest in $TRADE at the present time because it does not have a good position
In the forecast, RWA will be one of the most explosive narratives next to AI CSHT & GameFi. If you don't have it yet, please take advantage of it.
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