RWA Tokenization Don Up 11% As Onchain Assets Don Reach $29B
RWA tokenization don gain beta momentum dis week as RWA token jump 11%, make market cap reach $76 billion. Total onchain assets wey dey real-world asset hit record $29 billion, almost double since January. Private credit strategy now dey make over half of onchain value, while tokenized US Treasuries dey about 25%. Ethereum plus Layer 2 networks hold over 75% of these assets because their tooling don mature and fees low. Institutional interest dey rise as protocols like Chainlink (LINK), Avalanche (AVAX) and Ondo Finance (ONDO) dey support am. BlackRock $2.2 billion BUIDL fund for Ethereum plus plans to tokenize ETFs dey show say adoption dey grow. US regulatory backing na key driver for market modernization. Traders suppose dey watch infrastructure tokens as RWA tokenization dey expand for DeFi and institutional finance.
Bullish
Di 11% waka up for di RWA tokens plus record $29 billion onchain assets mean say demand and liquidity dey increase for real-world asset tokenization. Institutional pilots like BlackRock’s BUIDL fund plus US regulatory support dey boost market confidence. For short term, momentum traders fit push price go higher for RWA infrastructure tokens. For long term, di way DeFi and institutional finance dey adopt am more go keep di pressure dey high on related tokens.