Tokenized U.S. Treasurys have seen a significant increase, with a surge of 641% in 2023, reaching a market cap of $845 million. Real World Assets (RWA) are emerging as a distinct asset class, projected to dominate the $76 trillion RWA market by 2030. The combined market cap of U.S. treasuries, private credit, real estate, and venture assets amounts to $54 trillion, with only $6.5 billion of this total being tokenized, indicating significant growth potential in the RWA space.
Rise of Real World Assets(RWA) in Crypto. RWA Report 2024 #art #coingecko https://t.co/LPtzs2vLnv
Real World Asset (RWA) projects by market cap π https://t.co/npybeBJL8b
Combined market cap of U.S. treasuries, private credit, real estate, venture = $54 Trillion Amount of this that has been tokenized = $6.5 Billion Study RWA upside.
RWA are an asset class on their own β which go beyond crypto. While the crypto market grows to only $8T in size by 2030, $VVV will be the currency for the overarching $76T RWA market. https://t.co/qbVRbdAi3Q
Tokenized U.S. Treasurys surged by 641% in 2023, hitting $845M in market cap. https://t.co/jGHTg6mF61