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During the period from February to April 2024, RWA TVL surged by over 60%, reaching nearly $8 billion

During the period from February to April 2024, RWA TVL surged by over 60%, reaching nearly $8 billion

Bitget2024/07/20 03:54

SaucerSwap Labs stated on social media that Real World Assets (RWA) are the fastest growing sector in DeFi. From February to April 2024, the total value locked (TVL) of RWA soared by over 60%, reaching nearly $8 billion. Since the beginning of 2023, this growth has been even more astonishing, exceeding 700%. The market shows a clear preference for debt-type, high-yield tokenized assets. Major institutions worldwide are striving to tokenize commodities, real estate, intellectual property and so on. This could lead to assets worth trillions of dollars being tokenized as RWA.

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