The popularity of real-world asset tokenization continues to rise rapidly. The latest data shows that the total market capitalization of RWA excluding stablecoins has surpassed $20 billion, reaching a new all-time high. The most notable among them is the tokenized U.S. Treasury market, with a market value exceeding $8.87 billion, making it a leader in the RWA track. It is worth noting that BlackRock's BUILD fund is also actively participating in this wave, with its market performance equally impressive. From specific applications such as on-chain government bonds and fund tokenization, traditional financial assets are accelerating their migration onto the blockchain, and RWA has become a key bridge connecting traditional finance and the Web3 world.
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MetaMaximalist
· 7h ago
yo, this is exactly the inflection point i've been theorizing about. when blackrock's actually moving real treasuries on-chain, that's not hype anymore—that's institutional validation of the adoption curve we called like 3 years ago. ngl the $88.7b in tokenized UST is kinda wild, but also... was it ever gonna be any other way? the network effects are undeniable fr
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VCsSuckMyLiquidity
· 7h ago
$20 billion RWA? It sounds pretty intimidating, but how many of these can actually be implemented...
BlackRock has even participated in on-chain government bonds, which shows that traditional finance is really panicking.
Can this wave last until next year? It still feels too new.
Whether RWA is hot or not isn't important; the key is who is harvesting the leeks inside, haha.
Another story of "connecting traditional finance and Web3," but have investors really made money?
$8.8 billion in government bond market value, emmm, let's wait and see.
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GasWhisperer
· 7h ago
yo, 200b rwa and nobody's talking about the actual settlement fees? that's where the real inefficiency lives ngl
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DeFiCaffeinator
· 7h ago
8.87 billion government bonds? Are major institutions really starting to take RWA seriously? This time it's different.
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SchrödingersNode
· 7h ago
20 billion already. Listing government bonds on the blockchain is indeed a compromise by traditional finance. Once BlackRock entered the scene, it was clear which way the wind was blowing.
The popularity of real-world asset tokenization continues to rise rapidly. The latest data shows that the total market capitalization of RWA excluding stablecoins has surpassed $20 billion, reaching a new all-time high. The most notable among them is the tokenized U.S. Treasury market, with a market value exceeding $8.87 billion, making it a leader in the RWA track. It is worth noting that BlackRock's BUILD fund is also actively participating in this wave, with its market performance equally impressive. From specific applications such as on-chain government bonds and fund tokenization, traditional financial assets are accelerating their migration onto the blockchain, and RWA has become a key bridge connecting traditional finance and the Web3 world.