Tokenized US Treasuries exceed 600 million dollars. What are the noteworthy impacts on DeFi?

Why has RWA become popular again? What are the representative use cases of RWA?

The investment enthusiasm for RWA has significantly increased since the second quarter of this year, and the types of projects funded are quite diverse.

According to data from Dune Analytics, the growth of the RWA narrative this year ranks second, with an increase of 117%, second only to Meme. This article will comprehensively review the current development status and future opportunities of the RWA track.

RWA (Real World Assets) provides advantages of eliminating intermediaries, reducing costs, and increasing transaction speed by tokenizing physical assets, and is rapidly developing in the DeFi ecosystem.

This article attempts to examine the potential benefits and long-standing challenges of tokenization from the perspective of traditional finance, using the analysis framework of McKinsey & Co. By combining realistic and objective cases, it concludes that despite the ongoing challenges, the first wave of tokenization has already arrived.

By carefully sorting through the timeline clues, we can clearly see the ongoing changes in the fundamental aspects of the RWA narrative. Behind this narrative revival is the alignment of RWA product positioning and user needs, as well as the significant incremental opportunities driven by traditional financial institutions.

If software is devouring the world, then the tokenization of real-world assets is devouring the capital markets.

Asset tokenization is an important trend in the cryptocurrency field that can enhance liquidity, reduce transaction costs, and attract more investors.

Abstract: RWA (Real World Asset) tokenization is considered the next crypto wealth code. This sector has the potential to connect traditional finance and crypto finance, carrying a market of hundreds of trillions of dollars in assets. Despite facing challenges such as technology, regulation, and market dynamics, RWA projects have gradually entered the public eye. The main characteristics of these projects include collaboration with traditional financial institutions, maximizing the returns of projects and tokens, and introducing more legitimate third-party participation.