#RWA
Since the beginning of the year, the best performer is not MEME, not BTC, and not AI, but RWA.
Even if the time is extended to 1 year, RWA still leads other sectors with a market value increase of 1373%.
Let's take a look at the basic information of some tokens in RWA
1.Ondo ($ONDO)
A tokenization leader supported by BlackRock, the core narrative is to integrate traditional finance into on-chain finance.
This means that ONDO has the ability to bring in traditional liquidity and the expectation of investing in traditional finance with cryptocurrencies as collateral.
2.Mantra ($OM)
L1 blockchain in the RWA track, in cooperation with Dubai's MAG Group, is deeply involved in the direction of real estate tokenization.
3.Pendle ($PENDLE)
Tokenized income platform, but recently the Penpie protocol in the Pendle ecosystem suffered a security vulnerability attack, resulting in a loss of about $27 million in funds and protecting about $105 million in assets.
The attacker exploited a reentrancy vulnerability in Penpie's smart contract to fraudulently withdraw rewards by creating a fake market.
4.Quant ($QNT)
RWA infrastructure for connecting traditional finance and the crypto world.
Recently, Quant (QNT) has made important progress:
Quant launched the Overledger 2.0.5 update to improve multi-chain interoperability and support production and testing of more than 25 ERC20 assets and multiple ERC721 assets.
Overledger 2.0.5 introduces a new payment API that allows users to trade and settle between different digital asset types.