A lot of people have been asking whether RWA is worth getting into, so here’s a quick overview.
First, one fact: the IMF has already put tokenized RWA on the regulatory agenda. The market was worth around $65 billion in July, most of it in U.S. Treasury-backed instruments.
The key thing to watch is capital rules. Institutions will only get involved once the regulatory framework is clear; and only when there are buyers can projects like ONDO have a basis for scaling up. The main question is whether Basel will treat RWA as a risk asset.
First, one fact: the IMF has already put tokenized RWA on the regulatory agenda. The market was worth around $65 billion in July, most of it in U.S. Treasury-backed instruments.
The key thing to watch is capital rules. Institutions will only get involved once the regulatory framework is clear; and only when there are buyers can projects like ONDO have a basis for scaling up. The main question is whether Basel will treat RWA as a risk asset.