Ethereum Leads in Distributed RWAs Domain with Assets Reaching $16 Billion

ETH-3,45%
BNB-2,02%
SOL-1,97%

Gate News reports that as of March 19, 2023, Ethereum has become the leading platform in the distributed real-world assets (RWAs) sector, with assets nearing $16 billion. BNB Chain and Solana follow with $3.2 billion and $1.8 billion respectively. This growth is mainly driven by tokenized funds, including government bonds, bonds, and money market funds.

Although permissioned networks like Canton dominate the institutional accounting space with assets totaling $352 billion, the trend toward public blockchains is becoming more evident. Industry experts such as Sandy Kaul from Franklin Templeton and Matt Hougan from Bitwise Asset Management emphasize the long-term potential of permissionless blockchains. They believe that public chains like Ethereum, with over 10,000 nodes, offer superior security and decentralization compared to private chains with limited validators.

The collaboration between R3 Corda and Solana further supports this trend, as both bridge tokenized RWAs to public blockchain infrastructure, highlighting market preference for open infrastructure.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments