TechFlow news, according to CNBC, real-world assets (RWA) are gradually emerging in the crypto space. Maria Shen, general partner at Electric Capital, said that when RWAs first started gaining traction, the primary focus was on institutions such as high-net-worth individuals, family offices, pension funds, and university endowments. Now, however, on-chain institutions are also entering the RWA space. She noted that MakerDAO has partnered with institutions borrowing DAI (a stablecoin) to tokenize U.S. Treasury bills held in MakerDAO’s treasury, marking a significant shift in the RWA landscape.
Maria Shen categorizes RWA applications into three areas: retail users leveraging RWAs for remittances and savings, enterprises using stablecoins to pay suppliers, and on-chain institutions like MakerDAO seeking yield through tokenized treasury bills.
Stuti Pandey of Kraken Ventures believes that RWAs have greatly benefited from changes in economics, technology, and credibility since the last wave of tokenization hype. She pointed out that interest rates have remained low over the past few years, fueling demand for high-growth, high-risk assets. Now, RWAs can offer compelling yields. Additionally, improved tokenization infrastructure has created fertile ground for RWA growth and captured public attention.
