RWA TVL Surges by 60% in Two Months, Reaching $80 Billion

IconCryptoNewsTerminal Staff19 Jul, 2024

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RWA TVL Surges by 60% in Two Months, Reaching $80 Billion

Real-world asset (RWA) tokenization is gaining momentum in the decentralized finance (DeFi) space, with total value locked (TVL) surging by over 60% from February to April 2023. As per data from SaucerSwap Labs, a DEX on the Hedera network, RWA TVL has now surpassed $80 billion, marking a remarkable 700% growth since the beginning of the year. Institutional interest in tokenizing real-world assets such as commodities, real estate, and intellectual property is a significant driver behind this growth. Tokenization unlocks new opportunities for fractional ownership, increased liquidity, and enhanced transparency in traditional asset classes. Experts predict that the tokenization of trillions of dollars worth of assets could be on the horizon, as major financial institutions explore the potential of blockchain technology to transform asset management.

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