As a researcher with a background in blockchain technology and decentralized finance, I’ve been closely monitoring the real-world asset (RWA) tokenization sector over the past year. The explosive growth we’ve seen in this space is truly remarkable. According to Messari, the total value locked (TVL) in RWA protocols surged to almost $8 billion by late April 2023, representing a significant increase from the previous year. This figure excludes stablecoins and includes various types of RWA protocols such as carry trade, underwriting, yield-bearing stablecoins, commodities, securities, real estate, and more.
The past year has witnessed remarkable expansion in real-world asset tokenization, as indicated by the record-breaking increase in the total value representing these assets in circulation.
In a blog post on May 1, Messari, a leading firm in blockchain analysis and research, reported that the total value locked (TVL) in real-world asset (RWA) protocols had surged to nearly $8 billion by April 26.
According to the analytics company’s recent findings, there has been a significant revival of RWA protocols in the past year. This surge can be attributed to the increasing market demand for high-yield debt investments.
Approximately $8 billion is the size of the total value locked in various decentralized finance (DeFi) platforms, but it’s important to note that this amount does not take into account stablecoins pegged to fiat currencies like Tether (USDT) and USD Coin (USDC). On the other hand, it encompasses carry trade protocols, underwriting services, yield-generating stablecoins, and decentralized markets for commodities, securities, and real estate tokenization.
Since February, the TVL in RWA protocols has surged by almost 60%.
As an analyst, I’d rephrase that as follows: Based on data from decentralized finance analytics platform DeFiLlama, the total value locked (TVL) for RWA protocols stands at approximately $6 billion. This figure represents a significant increase of nearly 700% compared to the TVL figures reported at the beginning of this year.
As an analyst, I’ve observed that the total value locked isn’t the sole metric experiencing significant expansion this year.
As a researcher examining trends in decentralized finance (DeFi), I’ve noticed a significant rise in the number of active users on RWA (Recurring Withdraw Automation) protocols since February. This surge suggests growing interest and adoption among smaller retail investors, based on data from Dune Analytics.
Among the various digital platforms that facilitate carbon markets and real estate tokenization, such as Toucan, KlimaDAO, and Propy, these three have experienced a significant surge in user activity.
As a financial analyst, I’ve observed a significant surge in the demand for tokenized US Treasuries. This trend is driven by persistent high yields and rampant inflation in the American economy.
As a crypto investor, I’ve noticed an impressive growth in the amount of funds locked in tokenized U.S. treasuries and bonds. According to RWA.xyz, this figure now stands at a staggering $1.29 billion, marking a significant surge of over 80% since the beginning of this year. The main catalysts behind this trend have been the innovative protocols like Securitize and Ondo, which have played a pivotal role in driving this growth.
The expansion of the RWA market’s Ethereum-based segment has received a significant boost from the impressive showings of BlackRock’s BUIDL and Franklin FOBXX funds. These two funds, which respectively lead as the largest tokenized treasury fund and a U.S. government money fund in the onchain domain, have played crucial roles in driving growth.
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2024-05-01 06:50