The real-world asset (RWA) tokenization market has reached a new milestone, with $17.1 billion in total value locked (TVL) onchain, matching its all-time high from mid-January. This marks a 94% increase compared to the same time last year, according to analytics platform RWA.xyz.
RWA-related tokens have been driving the recent crypto market recovery. Notable performers include Chainlink’s LINK, which surged 22% to over $21, and Mantra’s OM, climbing 23% to $6. Ondo Finance’s ONDO skyrocketed 27%, while Chintai’s CHEX token jumped 38% to $0.60.
Wall Street is also bullish on RWAs. As regulatory landscapes shift, industry leaders expect further momentum for this transformative sector in 2023.
The future of finance is onchain, and RWAs are leading the charge!
https://app.rwa.xyz/ Show Less
