RWA TVL surges more than 60% to nearly $8 billion between February and April 2024
SaucerSwap Labs claims on social media that Real World Assets (RWA) is the fastest growing sector in DeFi. From February to April 2024, the total locked value (TVL) of RWA skyrocketed by over 60%, reaching nearly $8 billion. This growth has been even more astonishing since early 2023, exceeding 700%. The market has shown a clear preference for debt-based, high-yield tokenized assets. Major global institutions are working to tokenize commodities, real estate, intellectual property, and more. This could result in trillions of dollars worth of assets being tokenized into RWA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HOT MOMENTS: FED Chairman Jerome Powell Holds Press Conference After Interest Rate Decision – LIVE
Fed Chairman Jerome Powell speaks lively and answers questions at a press conference after the Fed left interest rates unchanged.
BREAKING: FED Chair Powell Talks About Bitcoin and Cryptocurrencies at Press Conference
Fed holds interest rates after trio of cuts
The unemployment rate has “stabilized” and the labor market is “solid,” officials said
Bitwise Files for Dogecoin ETF as Crypto Adoption Gains Momentum
Trending news
MoreCrypto prices
More
