【Crypto Tips】📣 Hello everyone, today we are going to talk about the future development opportunities of RWA (real world assets). RWA, unlike "virtual" assets on blockchains such as Bitcoin and Ethereum, is the cornerstone of real assets in the DeFi track. The recent hot RWA on-chain or RWA tokenization is to use technical means to put real-world assets (such as real estate, vehicles, and government bonds) on the chain, establish a connection between blockchain assets and real-world assets, and thus complete the tokenization of real assets.

RWA-related projects have established a connection between blockchain and the real world. For blockchain, the emergence of RWA has enabled a number of tokens and growth to have real assets as the underlying support, increasing the stability of the DeFi system. For traditional finance, the RWA project has replaced traditional financial intermediaries to a certain extent, increased the circulation channels of assets, thereby increasing its liquidity and reducing the cost of asset circulation.

However, the RWA project also has some legal issues, such as the on-chain DAO cannot directly serve as a legal entity, and there are often inconveniences in signing agreements and liquidation and recovery. Therefore, for compliance considerations, DAO established an off-chain foundation as a legal entity to manage the RWA project. This will combine the real world and the on-chain world.

Regarding the subsequent development of RWA, we believe that the main development direction of RWA for quite some time in the future should be to put securities-based voucher assets on the chain. The debt-based assets on the chain will also be mainly government bonds, corporate bonds, and enterprise bonds. The physical asset mortgage business for individuals will mainly serve large customers, reducing default risks and execution costs.

With BlackRock boosting the RWA track, we have reason to believe that RWA will be a long-term growth hotspot in this bull market and even in the crypto market. Projects such as Ondo, MakerDAO, and Pendle will also shine. What do you think of RWA? Feel free to speak in the comment area, let's discuss it together! 🎉