11 APR 2024 · Analyst Miles Deutscher expresses bullish optimism on real-world assets (RWAs), predicting significant growth and highlighting their growing investment allure as major traditional finance firms dive into the market. With the global asset management behemoth BlackRock launching a tokenized fund, interest in tokenized real-world assets such as gold, real estate, and commodities, which are represented by blockchain tokens, is on the rise. Deutscher anticipates the market cap for these assets to hit $10 trillion by 2030, driven by advantages like lower entry barriers, reduced costs, and the ability to generate DeFi yields. BlackRock's recent introduction of the USD Institutional Digital Liquidity Fund (BUIDL) on a public blockchain signifies a major step in embracing digital asset solutions, offering investors blockchain-based ownership trading and US dollar yields. The movement towards RWAs is supported by the tokenization of assets like public securities and gold, witnessing surging market caps and investor interest. As traditional finance giants and innovative RWA protocols like ONDO Finance and Chainlink’s LINK spearhead this digital asset transformation, the future of investing in physical assets through blockchain technology looks promising.
Subtopics:
- The growing interest in tokenized real-world assets (RWAs)
- BlackRock's launch of a tokenized fund
- The future potential and significant growth of RWAs
- Traditional finance (TradFi) firms adopting RWA and tokenization
- The role of RWA protocols in the digital asset landscape