Chris Yin, the CEO of Plume, a Galaxy-backed RWA platform, believes that institutional adoption of tokenized real-world assets is still in its early stages. Yin emphasized the need to demonstrate value and adoption before institutions enter the RWA market, drawing parallels to the slow acceptance of stablecoins and Bitcoin. Contrary to market estimates valuing the RWA sector at over $21 billion, Yin suggests a more realistic figure of around $10 billion, primarily comprising Treasury bills and gold. Estimating the global RWA market size is challenging due to fragmented data, with tokenized Treasurys and bonds likely dominating. While the industry currently relies on community support, Yin and other experts foresee a future where tokenized assets become more institutionalized, offering regulated securities and financial instruments. Despite the market's modest size, the potential for growth is likened to Bitcoin's early days in 2013. Read more AI-generated news on: https://app.chaingpt.org/news

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