Hello everyone, I am Sato. Looking back over the past two years, one thing is clear: Injective is not chasing narratives but is creating narratives.

And the RWA module is the strongest evidence for that direction. I have always believed that blockchain only truly matters when it connects with real assets, real cash flow, real behavior, and Injective is getting very close to that.

When the RWA module is activated in the Volan upgrade at the beginning of 2024, I realize @Injective is not only expanding features but is also positioning itself as infrastructure for the new generation of capital markets.

RWA is not a story of 'tokenization for the sake of it'; it requires control, decentralization, compliance, and clear risk structures. Most chains cannot achieve this due to architecture that is not flexible enough or does not support the level of customization that organizations need.

Injective $INJ is different.

The RWA module allows for the definition of ownership rights, address limitations, and transfer control — the way traditional assets operate. This is something that I think many people underestimate. Tokenization does not succeed because of the promise of 'bringing real assets on-chain', but succeeds because of the infrastructure that allows large organizations to confidently enter.

And that is why the emergence of AUSD caught my attention immediately.

AUSD is not an ordinary stablecoin — it is a complete product with an institutional financial flavor: managed by VanEck, custodied by State Street, and structured according to yield-bearing standards. Interestingly, AUSD does not try to 'capture retail users' with high APY but rather builds a foundation for businesses, organizations, and DeFi applications to use it as a safe liquidity unit. That is a long-term play.

I view AUSD as a successful first experiment for the 'safe yet flexible asset' model on Injective.

With 84 million USD TVL in January 2025 and multi-chain operations, AUSD is proving that RWA is not just for Ethereum or Solana, but Injective is fully capable of becoming the main destination.

Then there's USDY from Ondo Finance, a product that I truly see starting to change how people perceive US Treasury bonds in crypto. USDY is somewhat like a stablecoin,

similar to yield-bearing bonds, but existing entirely on-chain. This solves a huge problem: how to allow global investors to access US bonds faster, more transparently, and without going through a bank.

When Ondo integrates Injective, it tells me one thing: Injective is seen as a reliable enough infrastructure to become the settlement point for traditional assets.

And the number 381 million USD in tokenized bonds that Ondo is managing is just the tip of the iceberg.

But the biggest push, in my personal opinion, is the presence of BlackRock BUIDL.

Not because 'BlackRock is big' — everyone knows that — but because @Injective has not copied the models of other chains.

Instead of directly tokenizing funds, they create a derivative index that tracks fund supply and deploy it through perpetual contracts. This is the mindset of a true financial chain:

No need to touch the complex legal structure, just build tools to simulate cash flows.

That is a sign of a mature financial infrastructure.

With over 630 million USD AUM in the BUIDL fund, Injective is opening up a completely new gateway: retail investors can access the performance of institutional funds through on-chain products without going through a complicated traditional process. This is the kind of innovation that I believe will put RWA on the mainstream map.

When putting it all together — a strong RWA module, AUSD, USDY, BUIDL, along with Injective's participation in the Tokenized Asset Coalition — the picture becomes very clear: Injective does not want to become a chain for the 'RWA game', but rather wants to be the standard infrastructure for a multi-trillion dollar asset flow.

I see a major shift: RWA is no longer just a narrative but a strategic direction, and Injective is ahead of many other systems by a step.

Eric Chen is absolutely right when he shares that Injective is paving the way for a new era of effective capital use.

And for me, what matters most is that Injective is doing this practically, with real products, real partners, and real cash flow. Not just a slide deck.

The future of RWA on Injective is not just bright; it is at the beginning of a rapid acceleration phase. And those who understand how traditional asset flows are slowly but surely entering blockchain know that the current phase is the most crucial.

Injective is not just ahead of the trend. Injective is becoming the default destination for the new generation of RWA.
@Injective #injective $INJ