Tokenization beyond finance: Real-world assets will be crypto’s next engine | Opinion The hype burned bright and fast—memecoins and NFTs once powered crypto, stealing the spotlight in this realm. But, like a car running dry, the speculative fuel driving these cryptocurrencies has burned out. Could tokenized real-world assets take their place?

In short, yes. As memecoins lose appeal and NFTs cool off, there is a vacuum in crypto for more grounded, plausible innovations—those that rethink value and link crypto to the real world. RWA will fill this space.