In the process of recovery after the last harsh decline in the crypto market, Altcoin projects focusing on the tokens of real world assets (RWA) were among the most powerful performances. This attracts attention with the gradual importance of tokinization as an investment narrative. Here are the details…
RWA -focused subcoin projects on the rise
Experienced investors often try to determine strong performances by analyzing assets recovered after major decreases. While RWA Sokination is increasingly adopted in the financial world, sector leaders such as Blackrock CEO Larry Fink emphasize that regulations in this field should be clear. Ondo Finance’s Altcoin project, which is a tokens -oriented platform in the field of decentralized finance (defi), gained 16 %in the last 24 hours and recovered from the lowest levels seen at night.
This rise was simultaneously with the new service of the platform today with Ondo Nexus. Ondo Nexus offers instant printing and firefighters for tokenized treasury exports. In addition, the company behind Ondo Finance will hold a summit this week with the participation of traditional financial giants such as Blackrock and Franklin Templeton in New York this week.
Mantra (OM), a Layer-1 blockchain network designed for tokenized assets focusing on the Middle East market, increased by 30 %from the bottom level it saw on Monday and increased by 16 %during the day. Last month, the cooperation with Dubai -based damac Group and covering $ 1 billion real estate and data center investments revealed the growth potential of the network. Chinau (Chex), a licensed and regulated token platform by Singapore Paratority, became one of the remarkable projects by gaining 27 %value in the same period. At the end of January, Chintai announced his plans to enter the US market and obtain a securities license.
RWA sector is growing
On the other hand, Bitcoin (BTC) increased to $ 101,000 after the decrease in night hours, while it gained 4 %in the last 24 hours. Tokenize real world assets through blockchain has a great transformation potential in the financial world. Last year, a 200 %growth in the RWA industry has reached $ 7.3 billion. Projects focusing on this growth, especially in state bond, pioneered.
Recently, the leading names of the financial world, tokenized RWAs may become a much larger market in the coming years. Blackrock CEO Larry Fink called for US regulators to create rules for token securities, and believed that the future bonds and shares will be traded on Blockchain in the future.
In addition, Robinhood’s founding partner and CEO, Vlad Tenev, said last week to open up regulatory changes that will allow the token special shares to individual investors. Currently, such investments are accessible only for accredited investors and highly clear valuable individuals.
