PANews reported on March 28 that 3AC co-founder Zhu Su wrote that institutional investors’ interest in real-world assets (RWA) stems from their hope that every $1 of RWA total locked-in value (TVL) can be converted into a certain percentage of token market value. For example, with $1 billion of RWA, after tokenization, the protocol token may reach a market value of $100 million.

He further pointed out that just as Bitcoin L2 and Ethereum restaking are considered “hidden launch pools,” RWA can essentially be considered a “hidden launch pool” for the U.S. dollar.