PANews December 10 news, according to Cointelegraph, the real-world asset (RWA) tokenization network Real Finance announced that it has raised $29 million in a private placement round to build the RWA infrastructure layer. This round of financing includes a $25 million capital commitment from digital asset investment firm Nimbus Capital, with Magnus Capital and Frekaz Group participating in the investment.
The funds will be used to expand its compliance and operational infrastructure to develop a full-stack RWA platform. The company's short-term goal is to tokenize $500 million worth of RWA, accounting for about 2% of the current tokenized asset market size. The current RWA market is mainly dominated by U.S. Treasury products, private credit, and institutional alternative funds, with asset types such as tokenized money market funds also experiencing rapid growth. Industry insiders expect that as the regulatory environment becomes clearer, the market may see stronger growth in the coming year.