Crypto analyst Jamie Coutts CMT said on social media that TradFi is driving the growth of tokenization of real-world assets (RWA) issued on public blockchains.
More companies will join soon. Although the growth base is low, it is rising steadily. Tokenization of U.S. money market funds exceeded $600 million, up from $100 million in the same period last year.
While stablecoins may be the most important driver of blockchain adoption, NFTs, GameFi, and now the tokenization of real-world assets (RWA), while still in their infancy, still have huge potential.