One tweet will help you understand what RWA is?
What are the leading projects?
What are the early potential projects?
1/n what？
RWA, or real world assets, refers to specific physical assets that exist in the traditional economy, such as real estate, stocks, gold, artworks, valuables, bonds, etc. These assets are usually managed and traded by centralized financial institutions, involving cumbersome processes, high transaction costs, and possible information asymmetry. The openness and transparency of blockchain provide a solid foundation for the mapping and trading of RWA.
2/n why?
RWA has exploded again due to the word compliance, and there have been a series of sparks in the RWA field recently, such as the entry of the national team: Bank of China International issued 200 million digital notes for the Hong Kong market through UBS. This is the first such product that complies with Hong Kong and Swiss laws and is tokenized on the Ethereum blockchain.
3/n which？
Five leading projects in the RWA track
1. Compound (COMP) "@compoundfinance": a veteran DeFi, decentralized lending platform. A new company focusing on on-chain bonds was established. Superstate's entry into RWA ignited the market. It is also the token with the largest increase in the RWA sector.
2. MakerDAO (MKR) "@MakerDAO": a veteran DeFi, decentralized lending platform, issuing the stablecoin DAI pegged to the US dollar. In April, MakerDAO approved the opening of a real asset (RWA) vault for Coinbase Custody Services and transferred up to $500 million in USDC stablecoins.
3. Centrifuge (CFG) @centrifuge: One of the earliest DeFi protocols involved in RWA, and also the technology provider behind the head protocols such as MakerDAO and Aave. There are a total of 17 RWA asset pools
4. Propy (PRO) @PropyInc: A blockchain-based real estate platform that supports the use of cryptocurrencies and NFTs to buy and sell houses. It also announced the integration of AI to improve the efficiency of real estate transactions. PRO once rose by more than 200%
5. Aave (AAVE) @AaveAave: A long-established decentralized lending protocol that announced the launch of the RWA market in 2021
4/n which？
Five early potential projects
1. On-chain bond investment platform MoHash "@MoHashProtocol": provides investors with income products backed by real-world debt assets. Sequoia led the investment, and several star institutions including Coinbase participated.
2. Lending platform (FACTR) "@defactor_": An investment and financing platform that connects traditional finance and DeFi, providing loans to small and medium-sized enterprises in traditional finance. It was once a Web3 startup supported by Huawei and Dogpatch Labs.
3. Lending platform (CPOOL) @ClearpoolFin is a decentralized credit protocol that allows whitelisted institutions to borrow unsecured liquidity from a decentralized lender network. It has received investment from institutions such as HashKey and Sequoia India.
4. Lending platform @opentrade_io OpenTrade partner. Web3 companies can provide financing to small and medium-sized enterprises through USDC assets and obtain investment returns.
5. On-chain real estate trading platform @Parcl: a real estate derivatives protocol. It allows Web3 users to use their own cryptocurrencies to go long or short on the real estate market in a certain region of the world. It has received financing from many star institutions such as Dragonfly, Coinbase Ventures, and Solana Ventures.
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