Note: This article comes from @Rocky_Bitcoin Twitter, and is compiled by Mars Finance as follows:
I have always guided our researchers to think about investment decisions from the top down, with big narrative - high-quality tracks - good projects.
From this logical point we observe #RWA, although we have been studying it very early, before the sound of#RWAeven existed.
It was still in February:
https://twitter.com/rocky_bitcoin/status/1629430752978030592?s=46
We found a typical characteristic: big narratives tend to carry greater funds and opportunities.
Why are the mainstream investment banks and consulting institutions in the United States providing strong endorsements for #RWA? The mainstream consensus is that by 2030, the RWA market is expected to reach 5-10 trillion U.S. dollars, which is larger than the current entire cryptocurrency market. 10 times. At that time, the entire encryption was only about 1 trillion.
So we see a typical phenomenon: #LINK, which uses CCIP as its selling point, focuses on cooperating with a traditional financial institution and mainly acts as a data pipeline. Whether it is a traditional investment bank JPMorgan, Goldman, CITI, or a traditional financial infrastructure provider, DTCC, SWIFT, etc., they are all present.
From the market performance,#LINKhas jumped from a market value of 4 billion US dollars to a scale of 10 billion US dollars. For a giant, this jump is very exaggerated.
Another platform project that cooperates with#RWA+ traditional financial institutions is #AVAX. This was mentioned in a tweet a few days ago. Its subnet implementation plan is cooperating with JPMorgan Chase, Citibank, etc. It also provided a RWA support fund worth 50 million US dollars. The market performance is also very good, and its market value once surpassed #MATIC
We will find that the entire#RWAnarrative must be recognized by old money. It must be a battle-tested project that has been fully verified by history and has absolute traditional institutional endorsement. And the strategic capacity of the project can accommodate the huge funds of old money.
There are two absolute differentiation phenomena in the current market. Old OGs hold a large amount of BTC and ETH. New institutions enter the market with old money and need a new story carrier to carry this batch of funds. In addition to the conventional allocation of BTC and ETH for beta returns, they need their own capital territory to depict their grand blueprint. And fully package the old assets into the new story, put new wine in old bottles, and finally obtain the value of liquid assets.
This may be a battlefield where old money explores new opportunities, and RWA will become more and more interesting in the future.
👇 The pictures are: RWA analysis by Boston Consulting Group, Citibank, and McKinsey. They all advocate the RWA direction. The financial backers behind them have often already made in-depth arrangements.
https://twitter.com/Rocky_Bitcoin/status/1629430752978030592