Real World Assets – Find The Next Hidden Gems
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Real world asset (RWA) is a concept that was born a long time ago when it was associated with blockchain technology, and its development received much attention. The DeFi market has had strong development with real world asset trends recently. Let’s explore the gems of this RWA niche with Coincu. Real World Assets: Bridging TradFi and DeFi Since its inception, real world assets (RWAs) have been the intermediate bridge between already-existing traditional financial markets (TradFi) and the emerging field of decentralized finance (DeFi) in efforts to expand the applicability and total resources for liquid markets. Without any doubt, real world assets are going to be as important as one of the main trends in the next bull market. Before this, the RWA space was currently hitting milestones for timing. Just to note, this isn’t an STO. Instead, it marks the Spark Tokenization Grand Prix event on August 12, which will have as its goal to tokenize $1 billion of real world assets. In that sense, during the recent days, new hidden STOs are not being featured. Nevertheless, according to funds flowing into projects, Tier-1 projects with big backers/partners usually follow the price movements first. Projects like Chainlink, Ondo, and Mantra already have the support of traditional giants, such as SWIFT, BlackRock, and MAG. They all offer some type of RWA products, enjoying definitely not these very same traditional investment flows by institutions particularly from spot ETFs. Read more: Real World Assets (RWA) And Applications In Blockchain Which projects are most likely to yield high profits? Let’s find out together. Stablecoins The very first forms of real world assets are, in fact, the early stablecoins born in the early crypto market days; among them are USDT and USDC. Because of this very nature in holding a stable value pegged to some…
Filed under: News - @ August 8, 2024 2:16 am