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Tokenization of Real-World Assets Gains Momentum, TVL Reaches $5.846B in 2023
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Real-World Assets Gains Momentum with Investments from Superstatefunds, KintoXYZ, TVL Surges to $5.846B
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The tokenization of Real-World Assets (RWAs) is gaining momentum, with significant growth in the Total Value Locked (TVL) of Tokenized RWAs from $756.69M on January 1, 2023, to $5.846B on November 16, 2023. Notable investments and partnerships have been announced by various entities, including LiquidDelegate, SuperStateFunds, KintoXYZ, and CoinFund_io. The potential of digital assets and tokenization was discussed at the World Token Summit, highlighting the future impact on financial and non-financial infrastructure as well as public and private financial markets.