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As of July 2024, the Total Value Locked (TVL) for Real World Assets (RWA) in DeFi protocols has surged to an impressive $3.89 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, effectively bridging the gap between traditional finance and decentralized finance. The market capitalization of all Real World Asset … Read more
Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024. Go to Source
Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and … Read more
The products could include an RWA marketplace and will focus on the United States and Europe. Go to Source
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims to introduce efficiency and transparency to the investment process in this … Read more
Investcorp’s Strategic Capital Group (ISGC) currently has $1.5 billion in assets under management and will handle the collaborative deals. Go to Source
Blockchain gaming, decentralized finance, and layer-2 platforms lagged behind newly emerging sectors and the current memecoin frenzy. Go to Source
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others. Go to Source
Tokenized real-world assets have surged to a capitalization of $8 billion, outpacing Bitcoin and Ether in both market performance and volatility-adjusted returns. Go to Source
Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of millions of dollars of tokenized real-world assets onto the XRP Ledger over the next year, positioning the XRPL … Read more
