Core Drivers of RWA Commercial Development
At the intersection of finance and technology today, **RWA (Real World Assets on-chain)** is becoming a new focus of industry attention. The driving forces behind its commercial development primarily come from two aspects:
🔹 Technology-driven
The underlying infrastructure of blockchain has gradually entered a mature phase. High-performance public chains (such as Solana, Ethereum L2, Aptos) are now capable of supporting large-scale transaction processing capabilities, providing foundational support for RWA's high-frequency trading and compliance needs. Meanwhile, advancements in AI technology, on-chain oracles, and cross-chain interoperability have also provided solid conditions for the credibility and scalability of RWA assets. As a result, RWA is gradually moving from the 'concept phase' to 'practical application'.
🔹 Capital-driven
After experiencing a downturn in the international capital markets from 2022 to 2023, there is a gradual shift from mere 'cryptocurrency speculation' to 'financial asset tokenization', aiming to introduce stable cash flow and sustainable returns into the on-chain system through RWA. International financial institutions (such as BlackRock and Fidelity) have begun to experiment with issuing on-chain funds or bonds, signaling a clear message of 'mainstream capital entering'. International financial centers like Hong Kong and Singapore are providing pilot environments through compliance sandbox mechanisms, accelerating the market exploration and implementation of RWA.
🔹 Summary
It can be said that the dual drive of technology and capital is building the development logic of RWA. Unlike the periodic hotspots of previous DeFi and NFT, the integration of RWA with the real economy is higher, more sustainable, and has a more far-reaching impact.
