The Plumeberg News offers weekly insights into the Real World Asset (RWA) sector, carefully curated by the Goonheads specifically for Plume
Goons.
Here is an overview of what the Plumeberg News will cover:
- Weekly RWA Highlights
- RWA Market Commentary
- Narrative Overview
- RWA Category Insights
- Tokenized Assets Analytics
1）Weekly RWA Highlights
Arbitrum to Invest 35M ARB in Real World Asset Products
Arbitrum, an Ethereum layer-two (L2) scaling solution, is proceeding with a proposal to allocate 35 million ARB tokens to invest in real world asset (RWA) products after receiving community approval from the DAO. Notably, on June 23, Arbitrum’s Stable Treasury Endowment Program (STEP) Committee unveiled six projects for investment to diversify the treasury’s portfolio. The initial shortlist included 17 products, but only six were selected to avoid spreading funds “too thinly” or exposing the principal to “operational or default risk.”
Goldman Sachs Eyes Tokenization Projects for Institutional Clients by Year-End
Goldman Sachs is preparing to launch three tokenization projects by year-end for major institutional clients, the firm’s global head of digital assets, Mathew McDermott, told Fortune Crypto in a July 10 interview. McDermott explained that tokenization, which is the process of converting real world assets (RWA) into digital tokens, presents a critical opportunity for the bank due to rising client demand for such products.
Goldman Sachs to Launch 3 New Tokenization Products This Year: Report
Goldman Sachs is preparing to launch three new tokenization products later this year in the United States and Europe following “a major uptick in interest from clients” in crypto, according to Fortune. McDermott declined to specify details but did say that Goldman Sachs plans to create marketplaces for tokenized real world assets (RWAs) and would focus on the “fund complex” in the United States and European debt markets.
CROSS THE AGES Launches ReVerse, Integrating RWA into Gaming
CROSS THE AGES (CTA) has launched ReVerse, a concept that integrates Real World Assets (RWAs) into its virtual ecosystem, blending web3, blockchain, and traditional gaming technologies. ReVerse will allow users to enjoy entertainment, asset ownership, and financial gain while supporting renewable energy initiatives.
BlackRock’s BUIDL Crosses $500 Million in Market Value, Prompting RWA Tokens to Surge
BUIDL, a tokenized US treasury issued by asset management giant BlackRock in partnership with Securitize, has surpassed the $500 million mark in market value. This achievement makes BUIDL the largest tokenized fund in the market and highlights the growing influence of real world asset (RWA) tokenization in the financial sector.
Santiment Announces the RWA Altcoins That Developers Focus on Most: The Top Has Not Changed Again!
Santiment listed the RWA altcoins that developers focused on the most in the last 30 days. According to the list, Chainlink (LINK) ranked first, followed by Synthetix (SNX) and Centrifuge (CFG).
Hamilton Brings US Treasury Bills to Bitcoin L2, Boosting RWA Tokenization Sector
Hamilton, a startup specializing in real world asset (RWA) tokenization, has announced the tokenization of the first US Treasury bills on Bitcoin layer-2 (L2) solutions, including Stacks, Core, and BoB. This milestone signifies a major step towards integrating traditional finance with the Bitcoin ecosystem, enhancing the accessibility and tradability of stable, government-backed assets within decentralized finance (DeFi) networks.
Tether and BTguru Partner to Promote Crypto Education in Turkey
Tether has announced a strategic partnership with BTguru to use their Core platform. This collaboration will explore real world asset (RWA) tokenization in Turkish banks and evaluate its integration into the region’s payment systems. Discussions with regional financial institutions will be facilitated through BTguru’s strategic connections.
2）RWA Market Commentary
Here are some RWA scene trends that have been going on:
Strategic Investments and Diversification:
Arbitrum’s allocation of 35 million ARB tokens to RWA products underscores a strategic pivot towards diversification. By selectively investing in six out of 17 proposed projects, Arbitrum aims to strengthen its treasury while managing operational and default risks. This approach highlights the importance of focused investments in high-potential projects to foster sustainable growth in the RWA space.
Institutional Adoption and Marketplaces:
Goldman Sachs’ upcoming tokenization projects signal a significant shift in institutional engagement with digital assets. The bank’s move to create marketplaces for tokenized RWAs reflects a response to growing client demand and positions Goldman Sachs as a leader in bridging traditional finance with the crypto world.
Innovative Applications in Gaming and Beyond:
The launch of CROSS THE AGES’ ReVerse, integrating RWAs into gaming, illustrates the sector’s innovative potential. By blending traditional gaming with blockchain technology, ReVerse offers a new paradigm where entertainment, asset ownership, and financial gain converge.
Growing Influence of Tokenized Funds:
BlackRock’s BUIDL token surpassing $500 million in market value highlights tokenized funds' increasing acceptance and success. This milestone reflects the market’s confidence in tokenized assets as a viable investment vehicle.
Developer Focus and Innovation:
Santiment’s report on developer activity shows a sustained focus on projects like Chainlink, Synthetix, and Centrifuge. This ongoing developer interest is crucial for driving innovation and maintaining the competitive edge of these platforms.
Integration with Traditional Finance:
Hamilton’s tokenization of US Treasury bills on Bitcoin L2 solutions represents a critical step towards merging traditional finance with decentralized finance (DeFi). This integration offers enhanced accessibility and traceability of stable assets within the crypto ecosystem.
3）Narrative Overview
Top Performing Narratives (Change in the last 7 days):
- DeFi: 1.6%
- Modularity: 1%
- AI: 0.6%
RWA Index Ranking 9th
4）RWA Category Insights
Market Cap: $7.5B (5%)
Top Gainers:
- KlimaDAO (+6%)
- Pendle (+4%)
- XDC (+3%)
Market Cap Ranking:
- Ondo $ONDO
- Mantra $OM
- Pendle $PENDLE
5）Tokenized Assets Analytics
Private credit
- Active Loan Value: $8.1B
- Total Loans Value: $13B
- Total Loans: 1908
Tokenized Treasuries
- Total Value: $1.9B (+2%)
- Average Yield To Maturity: 4.95%
- Holders: 5,179
Stablecoins:
- Market Cap: $159B (-0.5%)
- Monthly Transfer Volume: $1.1T (-63%)
- Monthly Active Addresses: 17.6M (-11%)
Conclusion
The Real World Asset (RWA) sector rapidly evolves with significant investments, innovative projects, and growing institutional interest. Key highlights include Arbitrum’s strategic investments, Goldman Sachs’ upcoming tokenization projects, and creative initiatives like CROSS THE AGES’ ReVerse. Integrating traditional finance with crypto, such as Hamilton’s tokenized US Treasury bills, further underscores the sector’s potential.
About Plume
Plume is the first fully integrated and modular chain focused on RWAfi. We’ve built a composable, scalable ecosystem that supports the seamless onboarding of all types of real world assets, from equities to private credit and beyond. With our end-to-end tokenization engine, over 170 projects are building on Plume’s infrastructure, simplifying compliance and capital management to help projects scale globally.
Links:
Twitter | Website | Discord | Telegram