They're pumping money into multiple RWA projects but no one is currently talking about it.
I've traced their wallets and found which tokens they accumulateđđ§ľ
BlackRock, the worldâs largest asset manager, is looking to participate in MakerDAOâs program and bring $1 Billion of tokenized assets onto the platform.
MakerDAO has recently begun to diversify its backing assets by partnering with multiple large funds and investing in RWA.
This investment means a huge boost for many RWA protocols due to its sheer size and the huge initial inflow.
Most #RWA projects will indirectly benefit from it, but smart traders are mainly interested in the projects directly related to MakerDAO and BlackRock.
I've scanned multiple BlackRock and MakerDAO wallets to find which tokens they've invested in.
Naturally, these tokens have the biggest potential to pump 100x in Q3-Q4đ
âŤď¸ $ONDO @OndoFoundation
is building the on-chain financial software to manage tokenized RWA and traditional crypto products.
Ondo has confirmed its participation in MakerDAO's program.
⢠Price: $0.93
⢠Market Cap: $1.3B
âŤď¸ $MKR @MakerDAO
is a software platform that allows users to issue and manage the $DAI stablecoin.
Their governance token (MKR) has already jumped on the news.
⢠Price: $2,598
⢠Market Cap: $2.4B
âŤď¸ $LINK @Chainlink
is a decentralized oracle network that enables blockchain platforms to securely interact with external data.
Chainlink partnered with MakerDAO back in 2023 and can greatly benefit from the recent investment.
⢠Price: $12.95
⢠Market Cap: $7.8B
âŤď¸ $OM @MANTRA
is a security-first RWA L1 Blockchain, capable of adherence and enforcement of real-world regulatory requirements.
Mantra is arguably the perfect tool for MakerDAO's tokenization plans.
⢠Price: $1.2
⢠Market Cap: $990M
âŤď¸ $TOKEN @tokenfi
aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world.
TokenFi is a simple all-in-one platform where anyone can tokenize RWA.
⢠Price: $0.067
⢠Market Cap: $67M
âŤď¸ $APW @spectra_finance
is the first protocol for future yield tokenization.
The fact that MakerDAO invested in Spectra instantly caught my attention. There are also a few whale wallets that have been accumulating this thing since March.
⢠Price: $0.38
⢠Market Cap: $3.72M
âŤď¸ $SAFE @safe
is the most popular multi-sign wallet that helps individuals and businesses manage their digital assets securely.
MakerDAO is heavily invested in Safe and holds million-worth $SAFE tokens in their main wallets.
⢠Price: $1.14
⢠Market Cap: $487M
âŤď¸ $PENDLE @Pendle
is a protocol that enables the tokenization and trading of future yield.
Pendle has a great utility for RWA and may receive a huge chunk of that $1 Billion investment from BlackRock and MakerDAO.
⢠Price: $3.72
⢠Market Cap: $581M
âŤď¸ $UNI @Uniswap Protocol
is a decentralized cryptocurrency exchange that uses a set of smart contracts to create liquidity pools for the execution of trades.
MakerDAO directly uses Uniswap to keep the price of $DAI stable.
⢠Price: $7.17
⢠Market Cap: $4.3B
âŤď¸ $AAVE @aave
is a protocol to create Non-Custodial Liquidity Markets to earn interest on supplying and borrowing assets.
Aave is somewhat similar to MakerDAO itself and could be the next in line to start tokenizing the assets.
⢠Price: $87.37
⢠Market Cap: $1.3B
That's a wrap for now!
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