Crypto trivia 📚 RWA: Real-World Assets
RWA stands for Real World Assets. It refers to off-chain assets such as government bonds, corporate bonds, and real estate being represented as tokens on a blockchain.
The value of RWA tokens depends on the issuer genuinely holding the corresponding off-chain assets in custody and redeeming the tokens according to the rules.
The first page of my trading notes says: Understand it before you place an order.
$ONDO is the governance token of Ondo Finance, which focuses on RWA products such as on-chain U.S. Treasuries.
RWA stands for Real World Assets. It refers to off-chain assets such as government bonds, corporate bonds, and real estate being represented as tokens on a blockchain.
The value of RWA tokens depends on the issuer genuinely holding the corresponding off-chain assets in custody and redeeming the tokens according to the rules.
The first page of my trading notes says: Understand it before you place an order.
$ONDO is the governance token of Ondo Finance, which focuses on RWA products such as on-chain U.S. Treasuries.