The share of Real World Assets (RWA) protocols in the total value locked (TVL) in the DeFi ecosystem has increased from 1.77% in July to 3.69%! 🎉 This increase indicates that tokenizing traditional assets such as real estate, commodities, and bonds and using them as collateral in decentralized finance (DeFi) protocols is becoming more widespread.
According to CoinGecko’s analysis, the RWA market could grow from $118 billion to $10 trillion by 2030. The clarification of regulations and interest from institutional investors will support this growth.
Ripple and MANTRA are leading the RWA tokenization efforts. Ripple aims to strengthen XRPL’s DeFi ecosystem by collaborating with the Axelar Foundation. MANTRA is accelerating its RWA tokenization efforts with the $11 million funding it received in March. 🚀