The surge of #RWA热潮 RWA (Real World Assets) is driven by blockchain technology tokenizing traditional assets, enhancing liquidity and trading efficiency. In 2024, the RWA market is expected to grow significantly, with the total market value of tokenized assets exceeding $23 billion globally, and projected to reach $18.9 trillion by 2033. Traditional financial giants such as BlackRock and JPMorgan are entering the space, while Hong Kong is promoting the LEAP framework to support tokenized bonds. Core projects like Ondo, Maple, and Centrifuge are performing strongly, but challenges remain with compliance, investment thresholds, and market volatility risks. RWA connects traditional finance with DeFi, holding great potential, but caution is needed regarding regulatory and technical challenges.