The recently popular RWA sector has gradually come to everyone’s attention
In this article, you will learn about what RWA is and the tokens of the corresponding sectors. Feel free to give it a like and support!
What is RWA?
In cryptocurrency, RWA stands for "Real-World Assets". This refers to assets other than cryptocurrencies that are physical and have economic value, also called real-world assets.
For example, real estate, gold, stocks, bonds, etc. can be considered as real assets.
In DeFi (decentralized finance), real assets (RWA) are being used as security for loans. This is an innovative approach as it combines traditional financial elements such as real estate or stocks as collateral with cryptocurrency lending.
For example, someone might own a large amount of real estate, but they don't want to sell it for cash. Using DeFi, they can obtain loans in cryptocurrencies by converting these physical assets into digital tokens and using them as security for loans to use when liquidity is needed.
There were a lot of big boss-level SPACE discussions about this sector at the beginning of last month.
At the end of last month, after the exchange EDX Market launched by financial giants such as Charles Schwab and Fidelity went online, asset management giant BlackRock applied for a Bitcoin ETF, Deutsche Bank applied for a digital asset license, and Fidelity is considering acquiring Grayscale. A series of The news indicates that traditional financial institutions are once again entering the Crypto field with another attitude.
In addition, many banks in Singapore, Europe and other countries are exploring the tokenization of government bonds and applying them with CBDC in some DeFi scenarios
It shows that the traditional world’s assets on the chain will promote the development of the RWA track, and this will deserve special attention.
One of the best-performing tokens this week, #COMP, is as founder Robert Leshner announced the birth of his new company Superstate, which creates regulated financial products that connect traditional markets and the blockchain ecosystem, and is different from just DeFi, which is limited by the cryptocurrency circle, will sublimate the relationship between reality and virtuality
Buterin also said in an interview with Wu Shuo that for RWA physical assets, he believes that there is a certain rationality in this design space, but engineering design needs to be carried out carefully to ensure widespread distribution and stable governance of supporting assets.
To sum up, in the subsequent market, we can focus on the development of this track. Each round requires a narrative hot spot to fluctuate, and this may be a point favored by subsequent funds.
The tokens in the picture below are all related to this sector, but you can pay attention to the representative DEFI Three Musketeers #Comp, #Mkr, #AAVE, as well as #Ondo, #MPL, #TRADE, #POLYX,#Omas representatives, etc. It is recommended Based on the circulation of large exchanges with high market capitalization
Written by/Light Tower Welcome to follow