TechFlow reports, on March 28, Zhu Su, co-founder of Three Arrows Capital, stated that institutional investors' interest in tokenized real-world assets (RWA) stems from their expectation that the token market cap could represent a certain proportion of RWA's total value locked (TVL).
He illustrated this by noting that tokenized real-world assets worth $1 billion might give rise to protocol tokens valued at $100 million. Just as Bitcoin Layer-2 and Ethereum staking derivatives are hidden launchpools, RWA is essentially a dollar "launchpool".
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