RWA TVL soars more than 60% to nearly $8 billion between February and April 2024
2024-07-20 03:30:06
Real-world assets (RWA) are the fastest growing segment in DeFi, SaucerSwap Labs said on social media. Total locked-in value (TVL) for RWA surged more than 60% to nearly $8 billion between February and April 2024. Since the beginning of 2023, the growth has been even more staggering at over 700%. The market is showing a clear preference for debt-based, high-yielding tokenized assets. Major global institutions are working to tokenize commodities, real estate, intellectual property, and more. This could result in trillions of dollars worth of assets being tokenized into RWA.
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