RWA is a blockchain project that enables real-world assets to be tokenized and available for all people in crypto space. This is done by making these real-world assets tokenized and be integrated to blockchain. They provide advisory services, launchpad and market place. Making RWA an idle platform for traditional assets to be tokenized.

So how does Tokenization works?

Tokenization is a process of creating a digital representation of a real thing. It could be art, money, real estate, commodities and etc. Through Tokenization one can have ownership of it. Whether in huge or small amount of high-value assets. Also it is accessible to anyone anywhere which in turn help these real-world assets improve liquidity, transparency, and reach. This aim to modernize traditional financial markets.

History of Tokenization

You might think that Tokenization is a modern concept but actually it predates blockchain technology. Digital representation those days comes from ETFs (Exchange-Traded Funds) and REITs (Real Estate Investment Trust) enabling fractional ownership of assets either in commodities or real estate.

With the introduction of blockchain technology tokenization are now upgraded to be more transparent, more secure, and more efficient reducing risk and fraud. Also making it available 24/7 which is an advantage unlike traditional exchanges where it has specific time to trade.

Potential of Tokenization

Potential of Tokenization is massive and RWA could tapped into it. It has massive scope for tokenization. It could include US treasuries, private credit, commodities, sticks, real estate, bonds, fine art and etc. There are many traditional assets that can be converted by tokenization.

Even it's adoption is now rapidly developed and participated by traditional finance players. Example of this are BlackRocks BUIDL and Franklin Templeton tokenized treasury products. Also WisdomTree tokenized equity products and digital funds.

According to the recent study of Binance. Tokenization of real world assets and it's value could surge up to 16 tillion USD by 2030. As of now the on-chain value of real world has passed 12 billion USD.

Conclusion

Tokenization of real world assets is a ground breaking usecase for blockchain. Enabling traditional finance to merge in digital space. Making it available for all and reaching far and wide. That's why RWA is here to house these real-world assets. It's potential is enormous and the technology is still new.

For more information about RWA check their website:

https://www.rwa.inc/

Sources:

https://m.economictimes.com/markets/cryptocurrency/understanding-real-world-assets-a-vision-for-penetration-of-tokenization-in-india/articleshow/113729248.cms#goog_rewarded