
The real-world assets (RWA) market has seen significant growth, reaching a total value locked (TVL) of $90 billion this year. Various assets like private equity, real estate, and government securities are being tokenized on blockchains. Partnerships and advancements in tracking RWA activities are driving innovation and efficiency in on-chain financial markets.
1/ The tokenization of the global financial system is inevitable But to reach its full potential, two roadblocks must be overcome: ⛓️ Blockchain fragmentation 💽 Offchain data access Here's how #Chainlink makes tokenized finance a practical reality: https://t.co/DwG1Aclhka https://t.co/IFescnlcVn
Asset tokenization and RWAs are currently huge hot topics. But what does that really mean? In a keynote session at @CoinDesk's Consensus, @ericinjective breaks down some new advancements he's seeing emerge, such as integrating treasury bills on-chain to be used as collateral… https://t.co/WPZHgg0Wks
Currently, there is an incredible $6.98 billion in the total value of all RWA tokens in the global market! 🤯 🏠 RWAs stand for Real-World Assets, but what does this Web3 sector encompass, and why does it matter? Let’s slide deeper into the rabbit hole 🕳️ 🐇 🧵 1/4 https://t.co/0BBVpJSRXS
