RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA, seen as the next growth engine for the crypto market, is heating up, with major institutions such as Binance and Goldman Sachs making moves in the face of trillions of dollars in funding.

76 articles
RWA跨链清算真相：谁在构建机构级结算底座
那些只会发币、却解释不清跨链失败后法律责任归属的协议，注定会被清洗出局。真正的强者，是那些能在多链环境下，依然能提供单一、可验证、具备法律效力的真实源头的人。
Pharos Research
Global listing, 24-hour stock trading? An analysis of the NYSE's on-chain "strategy".
The deeper significance of this process goes beyond technological upgrading; it is more akin to a stage-by-stage evolution in the mode of capital formation.
加密沙律
DigiFT x CoinFound：RWA 2026展望——决战金融基础设施
RWA的竞争已经进入“下半场”。关键不再是“把什么资产搬上链”，而是“如何建立合规、高效、可组合的金融基础设施来分发和流转这些资产”。这标志着RWA从一个“技术概念”正式演变为一个“金融基础设施”的结构性迁移。
CoinFound
十分钟售罄的“碳资产”：国内首款碳信用数字资产是破冰，还是泡沫？
限量500份的稀缺性能否支撑规模化拓展？
RWA研究院
NYSE's 24/7 entry: This isn't a victory for crypto, but rather an unlimited expansion of "tradability".
Time zones are having less and less of a restrictive effect on finance.
深潮TechFlow
RWA作为方法而非产品：房地产出清的资金封闭与持续披露框架
中国的房地产还有救么，REITs救不了的，RWA资产代币化能救么？如果能救，链上融资要怎么搞？
Pharos Research
Hong Kong RWA Saga (Part 2): Bipolar Narratives, Regulatory Red Lines, and the Future Game
"Compliance is no longer a burden, but the greatest asset; technology is no longer a gimmick, but a carrier of trust."
瓜田实验室 W Labs
RWA in Hong Kong (Part 1): From Fanaticism to Restructuring, An Analysis of the Nine Major Factions
Platforms such as HashKey, OSL, and Ant Financial are leading the market and promoting the development of RWA through a compliant ecosystem and technical support. Cash management RWA has significant growth potential.
瓜田实验室 W Labs
Gold RWA Trend Insights – Rapid Growth: From "Safe-Haven Asset" to "On-Chain Financial Infrastructure Component"
In 2025, the market capitalization of gold RWA nearly tripled, exceeding $3 billion. The market landscape shifted from a duopoly of XAUT and PAXG to a multi-functional, layered structure, with new projects expanding their differentiated paths through payment and DeFi scenarios. Institutions like DBS and Standard Chartered piloted cross-border settlements, increasing institutional participation. Macroeconomic uncertainties drove up gold prices, leading to increased demand for "on-chain gold" in value storage, payments, clearing, collateral, and cross-border settlements. With the maturation of next-generation financial infrastructure, gold RWA is poised to become a key underlying asset, but it still faces risks related to centralization, transparency, and technology.
CoinFound
RWA Power Map: A Comprehensive Guide to How Five Major Agreements "Divide" Trillions of Institutional Capital
The institutional-grade RWA tokenization market is worth nearly $20 billion. Five major protocols—Rayls, Ondo, Centrifuge, Canton, and Polymesh—are driving the on-chain migration of trillions of dollars in assets, addressing the needs of bank privacy, retail distribution, asset management, Wall Street settlement, and securities compliance, respectively.
深潮TechFlow
The tug-of-war between two paths behind the tokenization of DTCC in the US stock market: the debate between DTCC's "improvement" and crypto-native "revolution".
DTCC's approval to tokenize security interests upgrades the efficiency of the existing system; direct holding of tokenized shares challenges the intermediary structure. These two paths reveal different futures for security tokenization, and the market will determine which model is superior.
菠菜菠菜！
Interpreting Figure Q3: Why is it the undisputed first RWA stock?
This report will analyze Figure's Q3 financial report and assess whether its "blockchain-native" strategy constitutes a true moat, as well as its long-term investment value in the increasingly crowded RWA sector, based on recent updates to its revenue streams and business model.
Movemaker
Interview with GAIB founder Kony: Breaking the "capital dilemma" of AI infrastructure, how does GAIB turn GPUs and robots into income-generating assets in the DeFi world?
Video
GAIB tokenizes AI infrastructure (GPUs, robots), building an RWA×AI×DeFi model. A TGE will be held on November 19th, and its token will combine governance and cybersecurity features. The AI Dollar stablecoin will integrate the yields of all tokenized AI assets.
The Round Trip
Chainlink starts the value capture flywheel, or becomes the hidden winner of the on-chain economy?
Chainlink has become the core of the bull market thanks to RWA tokenization and institutional adoption. Its $LINK token may have recently soared by 50% in price due to the "flywheel effect" and "reserve" mechanism, becoming a key infrastructure connecting traditional finance and the digital world.
Yuliya
BlackRock CEO's annual letter to investors: Bitcoin may challenge the global status of the US dollar, and tokenization is the future financial highway
BlackRock CEO Larry Fink released his annual letter to investors, posing a thought-provoking question: “Will Bitcoin undermine the dollar’s reserve currency status?” He also said that tokenization is becoming a key force in reshaping financial infrastructure.
Weilin
RWA track development acceleration: from new public chain Converge to Sky competition, BUIDL fund has exceeded 1 billion US dollars
The total value of on-chain real-world assets (RWA) has reached $19.53 billion, up 19.58% in the past 30 days. The RWA track has seen a number of key developments, covering public chain innovation, tokenization competition, mortgage-backed securities market, and real estate tokenization. In this article, PANews will briefly sort out and introduce these developments.
Weilin
When AI meets RWA, how can on-chain real estate Propy create an efficient disintermediation model under the trend of artificial intelligence?
RWA is bringing more possibilities to the crypto world. At the same time, artificial intelligence and RWA are also being organically combined. Propy uses artificial intelligence technology and has become a typical case worthy of attention for the combination of the two technologies.
Weilin
Aave proposed a new plan, Horizon, to launch RWA products. The community was in an uproar, and the founder responded urgently...
Within days of the proposal being released, the community expressed strong opposition to the Horizon plan, especially questioning the potential issuance of new tokens and Horizon’s profit distribution mechanism.
Weilin
With a 64-fold increase in one year, what actions has MANTRA, the L1 project of the RWA track, taken?
In the RWA track, MANTRA (OM) has been active in the past year and will launch the mainnet in October 2024. On January 9, MANTRA announced that it had reached an agreement with the Dubai-based real estate group DAMAC Group to tokenize at least $1 billion of the group's assets in the UAE.
Weilin
Plume Network: The RWAfi ecosystem for crypto native users
As the first RWA public chain that truly serves crypto-native users, Plume is committed to providing a more efficient, transparent and convenient solution. A creates a dynamic, fluid and composable solution that redefines finance for the RW market, making it as versatile as native crypto assets.
Zen