RWA (Real World Asset Tokenization) is no longer a concept hype in the crypto circle, but a global financial wave sweeping the world. In 2024, the scale of tokenized assets worldwide will exceed $30 billion, a staggering increase of 317% year-on-year, and a complete revolution regarding asset liquidity is already underway. 1. What exactly is RWA? Turning 'heavy assets' into 'liquid cash'.
In simple terms, RWA is the use of blockchain technology to turn real assets such as real estate, bonds, charging piles, and artworks into divisible and transferable digital tokens. It addresses the three major pain points of traditional finance.