[Market Update] On-chain real-world assets (RWA) are beginning to move beyond the old path taken by gold. CoinDesk reports that executives from Paxos Labs, Theo, and Energy Substantiation agree that the next wave of growth will come from getting real-world assets to “move” on-chain: energy commodities such as crude oil are opening up new lending and trading scenarios; precious metals remain the current leading category, with gold tokens represented by Paxos’ $PAXG first validating the model. However, the executives also admitted that bringing energy commodities on-chain is far more complex than gold and is a tough nut to crack. #RWA #tokenization
(Source: CoinDesk)
⚠️Risk reminder: The above is shared market information and does not constitute investment advice; investing involves risks, and market participation should be approached with caution.