"The real world asset (RWA) market has grown to $8 billion TVL this year, not counting non-yielding stablecoins. RWA is now tokenized on the blockchain including private funds, real estate, government securities , goods and other financial obligations 🌐

The popularity of tokenized RWA in decentralized finance (DeFi) began to increase as bond yields in traditional finance exceeded low-risk DeFi yields during the 2022 to 2023 bear market.

Real world asset projects reach a market capitalization of $8 billion. BlackRock has quickly become the largest provider of tokenized US Bonds with its BUIDL fund.

However, the growth of the RWA market is not only evident in TVL but also in the token performance of related projects.

To evaluate the year-to-date performance of RWA tokens, Cointelegraph Research calculated their daily Sharpe ratio, a measure of excess return per unit of risk.

Ondo Finance has delivered the highest returns, with a year-to-date gain of 461.62% and the strongest Sharpe ratio of 4.776.

Comment below on your thoughts on the development of the RWA market!#cryptocurrency#blockchain #DeFi"