PANews August 25 news, according to Cointelegraph, Animoca Brands researchers Andrew Ho and Ming Ruan stated in their research paper in August: "The expected $400 trillion potential TradFi market highlights the potential growth space for RWA tokenization."

The researchers noted that the RWA sector accounts for only a small portion of the current potential market total of over $400 trillion ($26 billion). These asset classes include private credit, government bonds, commodities, stocks, alternative funds, and global bonds. Currently, large asset management companies are engaged in a "strategic competition to build fully integrated platforms," and those companies that can "control the asset lifecycle" will gain long-term value.