资产代币化

Recently, the popularity of RWA has been quite high, with various data looking dazzling. So, what is the current market situation?

According to incomplete statistics, the total number of RWA projects worldwide has exceeded 200+, with a TVL of $65 billion. However, it should be noted that the actual on-chain assets are only about $13.5 billion, while the rest is mostly traditional institutional ledger migration.

The formal issuance scale is about $21 billion, concentrated in assets such as U.S. Treasury bonds, real estate, and corporate credit. Notable cases include: BlackRock's $15 billion on-chain U.S. Treasury fund, MultiBank's $3 billion real estate tokenization in collaboration with UAE MAG (the largest single deal in history), and Hong Kong's green bond pilot scale exceeding HK$10 billion.

Global management consulting firm McKinsey & Company has provided insights into the current state of financial asset tokenization in a research report released on June 20.

The report points out that although tokenization technology has developed to a critical tipping point, showing technological maturity and measurable economic benefits, its widespread application in the mainstream market still faces many challenges.
McKinsey stressed that the trend of asset digitization is becoming increasingly obvious, and as the technology matures and the economic benefits become apparent, this process seems irreversible. However, even with this positive momentum, the widespread application of tokenization technology still faces obstacles that hinder its pace of becoming mainstream in the market.

The development of Web3 cannot be swayed by numbers and interests alone, but has ushered in a new era of on-chain protocols, which requires us to always keep in mind our position and mission. As Satoshi Nakamoto commented in the Times report on January 3, 2009, "Chancellor prepares second round of aid for banks," quoted in the Bitcoin Genesis Block, the original intention of the design of cryptocurrency is to subvert and replace the traditional financial system.
The birth of Bitcoin blockchain aims to break the shackles of the traditional financial system, build a decentralized financial world, return power to ordinary people, and ensure that everyone can fairly share the value they create.