Recently, Binance Research released a report stating that the real asset tokenization (RWA) market is in a stage of rapid growth. The report predicts that by 2030, the total value of tokenized assets will reach US$16 trillion, with huge room for growth. RWA is profoundly changing the way assets circulate and opening a new era of integration of traditional and digital assets. Currently, the U.S. Treasury market is about $603 million, and investors actually lend this loan to the U.S. government, with an annualized return of about 4.2%. The tokenization of real-world assets (RWAs) continues to gain momentum as user adoption increases and large institutional investors get involved. Combined with relatively low decentralized finance (DeFi) yields, rising interest rates have fueled the growth of RWAs, especially tokenized Treasuries.