Real World Assets (RWAs) Are Set to Become a Major Player in Global Financial Markets

Real World Assets (RWAs) are set to become a major player in global financial markets, especially as they start to merge with the world of cryptocurrency. According to analyst Altcoin Buzz, right now, all signs point to RWAs gaining serious momentum.

Prepare For Impact: Real World Assets Set To Explode In Crypto As Two Leading Projects Collide

Real World Assets (RWAs) are set to become a major player in global financial markets, especially as they start to merge with the world of cryptocurrency. According to analyst Altcoin Buzz, right now, all signs point to RWAs gaining serious momentum.

Back in March, BlackRock, one of the biggest investment firms in the world, made headlines by launching their USD Digital Institutional Liquidity Fund, known as BUIDL. This fund aims to track the performance of a basket of crypto assets, and its launch was a major sign of the times, showing how traditional finance is starting to embrace digital assets en masse.

Now, as the dust settles on this launch, a new narrative is emerging. According to Boston Consulting Group (BCG), by 2030, the RWA market could be worth a staggering $16 trillion, which would make up about 10% of the global economy. This shows just how much potential there is for growth in this space, particularly for crypto projects linked to RWAs.

Two of the leading projects in this area are Ondo Finance and Mantra. Ondo Finance, which only launched in January this year, has quickly risen to the top, now valued at nearly $1 billion. Despite being new, it’s already making waves, offering tokens like USDY and OUSG, which are backed by U.S. treasuries and offer attractive returns.

Remarkably, Ondo has even surpassed BlackRock in Total Value Locked (TVL) in RWAs, showing just how fast this market is growing. The analyst highlighted that Ondo’s quick ascent andをご紹介しますondesirable" performance have made it a prime candidate for further growth.

The analyst next discussed Mantra Chain (OM), the second-largest project in the Real World Assets (RWA) sector by market cap. Launched in June 2020, Mantra Chain has had more time to mature compared to newer projects, and it has already unlocked nearly all of its tokens.

With 888 million tokens in circulation and no more unlocks on the horizon, this provides stability for investors. Currently, OM is priced at just above 88 cents, with a market cap exceeding $750 million.

Interestingly, Mantra and Ondo Finance, the top RWA project, are collaborating. Mantra plans to launch an RWA savings vault powered by Ondo’s USDY token later this year, showing how these two major players are working together to expand the RWA ecosystem.

The above is the detailed content of Real World Assets (RWAs) Are Set to Become a Major Player in Global Financial Markets. For more information, please follow other related articles on the PHP Chinese website!