The recent growth of tokenized assets (RWA) on the blockchain has reached a new record, totaling $29 billion. This has ignited interesting discussions among experts about the nature and value of these assets.
Record Rise of RWA
The total amount of tokenized assets on the blockchain has reached a record high of $29.17 billion, which is $3 billion more compared to the previous month’s figures. This surge is attributed to the rise in private credit and stocks.
Key Components of the RWA Market
Currently, the majority of tokenized assets are concentrated in the private credit sector, comprising over $16.7 billion. A closer analysis shows that U.S. treasury obligations account for approximately $7.4 billion, making up a quarter of the total RWA volume.
Debate on the Value of Tokenized Assets
Discussions about whether tokenized assets can fully represent their real-world value on the blockchain continue. Experts hold different opinions regarding whether assets on the blockchain truly represent their market value.
Overall, the growth of the tokenized asset market raises important questions about the real value of assets on the blockchain and calls for further research and discussion among professionals and experts in technology.
