The tokenization of real-world assets (RWA) is the process of converting the ownership of tangible or intangible assets into digital tokens, enabling them to be traded on the blockchain. This process enhances the liquidity and transparency of assets, attracting participation from numerous projects. Here are some major RWA tokens and their corresponding projects:
Attachment (Why is the tokenization of real-world assets (RWA) so promising?)
MakerDAO (MKR): MakerDAO is a decentralized autonomous organization on Ethereum that issues the Dai (DAI) stablecoin, which is pegged to the US dollar at a 1:1 ratio. MKR tokens are used to pay for stability fees on borrowed Dai and to participate in system governance.
Synthetix (SNX): Synthetix is a decentralized synthetic asset issuance platform that supports a variety of synthetic assets, including fiat currencies, precious metals, indices, and other cryptocurrencies. SNX tokens are used for collateral and governance.
Reserve Rights Token (RSR): RSR tokens are primarily used to maintain the price stability of Reserve tokens (RSV). RSV is a stablecoin backed by collateralized digital assets, maintaining a 1:1 peg to the US dollar.
Maple Finance (MPL): Maple Finance is a decentralized credit market that provides unsecured loans to institutional borrowers. MPL tokens are used for governance and participation in fee distribution.
TrueFi (TRU): TrueFi is an unsecured lending DeFi protocol aimed at providing cryptocurrency borrowers with predictable loan terms without collateral. TRU tokens are used for governance and incentives.
Paxos Gold (PAXG): PAXG is a gold-backed token issued by Paxos, with each PAXG token representing one ounce of physical gold, which holders can redeem for physical gold at any time.
Ondo Finance (ONDO): Ondo Finance is a DeFi protocol that has launched tokenized funds based on US Treasury and corporate bonds, aiming to provide investors with a stable source of returns.
Swarm Markets (SMT): Swarm Markets provides compliant DeFi infrastructure for the issuance, liquidity, and trading of RWA tokens, under the supervision of German regulatory authorities.
Goldfinch (GFI): Goldfinch is a decentralized credit protocol aimed at real-world debt funds and fintech companies, with total loans exceeding $100 million.
RealT: RealT is a real estate tokenization platform that allows investors to purchase tokens representing partial ownership and benefit from rental income.
Propy (PRO): Propy provides a blockchain and smart contract-based real estate transaction platform for buyers, sellers, and agents, facilitating instant transactions and reducing fraud.
Parcl (PRCL): Parcl is a decentralized real estate trading platform that offers urban indices, allowing users to speculate on price trends in the global real estate market. Centrifuge (CFG): Centrifuge is a decentralized asset financing protocol that connects real-world assets to DeFi, lowering the capital costs for small and medium enterprises and providing a stable source of returns for DeFi investors.
Polymath (POLYX): Polymath is a security token issuance platform that utilizes blockchain technology to launch compliant AML/KYC open-source standards, assisting users in navigating complex legal processes for securities trading.
Centrifuge (CFG): Centrifuge is a decentralized asset financing protocol that connects real-world assets to DeFi, lowering the capital costs for small and medium enterprises and providing a stable source of returns for DeFi investors.
Ribbon Finance (RBN): Ribbon Finance is a protocol that provides structured products for cryptocurrencies, combining options, futures, and fixed income to improve the risk-return profile of portfolios. The RBN token is used for governance and incentives.
More reference images of some RWA tokens. The field of RWA tokenization is rapidly developing, with new projects and tokens continuously emerging. Investors should stay informed and conduct thorough research and risk assessment before investing.