Tokenized US Treasurys expected to surpass $3B by end of 2024
Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024. Go to Source
RWA
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Major Sell-Off And Unexpected Surge: The $ONDO Rollercoaster
On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.” This trader initially bought $ONDO in the ~$0.25 range and sold a portion as the price doubled. However, he reinvested at the peak, buying in … Read more
Real-world tokenization can drive homeownership — Quarter Homes CEO
Current 30-year fixed mortgage rates in the United States are close to 7%, as younger individuals struggle to purchase property. Go to Source
BlackRock’s tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024. Go to Source
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Go to Source
Institutional tokenization will propel Web 3 forward—Jason Dehni
The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company. Go to Source
Real World Assets In DeFi Reach $3.89 Billion TVL, Marking Major Milestone
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, AI lead crypto narratives in Q2 2024
Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024. Go to Source
From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities
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
Goldman Sachs to launch 3 new tokenization products this year – report
The products could include an RWA marketplace and will focus on the United States and Europe. Go to Source
