BitnewsToday on Nostr: #Bitnews.Today: The Next Big Crypto Thing in 2024/25 RWA Real World Assets (RWAs), or ...
#Bitnews.Today: The Next Big Crypto Thing in 2024/25
RWA
Real World Assets (RWAs), or the tokenization of real-world assets, are expected to become a major narrative for 2024. This segment has recently gained significant momentum, not least thanks to the support of Larry Fink, CEO of the world's largest asset manager, BlackRock. Fink has publicly endorsed the tokenization of assets on several occasions. RWAs involve converting real assets like real estate, bonds, and gold into tokens on the blockchain. This leads to increased efficiency by reducing costs without brokers, enhanced accessibility through fragmentation, and greater liquidity.
RWAs thus offer the opportunity to tap into massive markets like the real estate market (valued at $326 trillion) and gold ($12 trillion). This stirs the imagination – a potential beneficiary could be Chainlink (LINK).
Based on the potential of RWAs, here are some promising coins for investors to consider:
Chainlink (LINK) - Provides reliable tamper-proof data for complex smart contracts on any blockchain.
Polymath (POLY) - Specializes in the issuance and management of security tokens.
Synthetix (SNX) - Offers on-chain exposure to real-world assets through synthetic assets.
Maker (MKR) - A decentralized finance project that backs and stabilizes the value of the DAI stablecoin, also exploring RWA integrations.
Published at
2024-06-22 06:24:55Event JSON
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"content": "#Bitnews.Today: The Next Big Crypto Thing in 2024/25\n\nRWA\nReal World Assets (RWAs), or the tokenization of real-world assets, are expected to become a major narrative for 2024. This segment has recently gained significant momentum, not least thanks to the support of Larry Fink, CEO of the world's largest asset manager, BlackRock. Fink has publicly endorsed the tokenization of assets on several occasions. RWAs involve converting real assets like real estate, bonds, and gold into tokens on the blockchain. This leads to increased efficiency by reducing costs without brokers, enhanced accessibility through fragmentation, and greater liquidity.\n\nhttps://m.primal.net/ItZJ.webp \nRWAs thus offer the opportunity to tap into massive markets like the real estate market (valued at $326 trillion) and gold ($12 trillion). This stirs the imagination – a potential beneficiary could be Chainlink (LINK).\n\nBased on the potential of RWAs, here are some promising coins for investors to consider:\n\nChainlink (LINK) - Provides reliable tamper-proof data for complex smart contracts on any blockchain.\nPolymath (POLY) - Specializes in the issuance and management of security tokens.\nSynthetix (SNX) - Offers on-chain exposure to real-world assets through synthetic assets.\nMaker (MKR) - A decentralized finance project that backs and stabilizes the value of the DAI stablecoin, also exploring RWA integrations.",
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