After studying several RWA projects with fdv of more than $5 billion, we found that they all have a common feature - the support of institutional resources.
ONDO - Create and manage institutional-level on-chain services around RWA, with investment institutions including Coinbase Ventures, Pantera Capital, etc.
MANTRA - RWA L1, led by Shorooq Partners
The reason for this phenomenon is that the RWA platform has to connect the offline world and assets, and there are inevitably compliance and centralization issues. The support of institutional resources can not only bring brand endorsement to the project and increase trustworthiness, but also bring considerable help in compliance.
Who is the next RWA platform that is expected to reach the above market value level? Nominate @Lingocoins. Reasons:
① Team members come from Blackrock, Google, etc.
② $LINGO's investors manage more than $5 billion in assets
③ Recently cooperated with award-winning institutional firm Stewards Investment Capital (the company is headquartered in Mauritius, founded 25 years ago, and manages more than $1 billion in assets)
④ The platform has 8 million users
⑤ Partners include Nike, Spotify, Netflix, Sony Playstation and Uber, etc.
$LINGO tge last night, and the current fdv is around $310 million, which is still low compared to other projects in the benchmark track.
dyor