The Plumeberg News offers weekly insights into the Real World Asset Finance (RWAfi) sector, carefully curated by the Goonheads specifically for PLUME GOONS.
Here is an overview of what the Plumeberg News will cover:
- Weekly RWA Highlights
- RWAfi Market Commentary
- Narrative Overview
- RWAfi Category Insights
- Tokenized Assets Analytics
1）Weekly RWAfi Highlights
Plume Network Ready to Tokenize $1.25 Billion of RWA by Q4 2024
Plume Network, a modular layer-2 blockchain, is set to tokenize $1.25 billion in Real World Assets (RWA) by Q4 2024, with a goal of reaching $3 billion. Assets include solar farms, medical claims, and mining rights. This initiative aims to offer high-value, traditionally inaccessible assets to investors. Plume’s infrastructure supports scalable tokenization without in-depth technical knowledge, ensuring compliance and attracting a broad range of asset issuers.
Read more: cryptonomist.ch
Matrixport Expands Real Asset Market with XAUm: On-Chain Gold Token for Ethereum and BNB
Matrixport, through its platform Matrixdock, has launched XAUm, an on-chain gold token backed by physical gold bullion with a minimum purity of 99.99%, starting September 16, 2024. XAUm tokens are supported on both Ethereum and BNB chains, offering seamless integration across blockchain environments. Users can purchase XAUm using USDT or USDC, with low minting and redemption fees. The token’s physical gold is securely stored by LBMA-certified custodians, and users can redeem it in Hong Kong or Singapore.
Read more: crypto-economy.com
Cardano Introduces Gold-Backed Token as Blockchain Adoption Accelerates Worldwide
Cardano, in collaboration with EMURGO and Kinka Gold, has launched XNK, a gold-backed token designed to provide a stable investment option backed by physical gold. This development bridges the gap between traditional assets and digital currencies, leveraging blockchain technology to offer a transparent platform for asset management. The launch of Kinka Gold is expected to drive worldwide blockchain adoption and increase the tokenization of real world assets.
Read more: crypto-economy.com
Wormhole, Securitize Collaborate to Deliver Cross-Chain RWA to BlackRock and Other Institutional Funds
Securitize has partnered with Wormhole to enhance cross-chain transfers for tokenized assets, offering increased liquidity and accessibility across multiple blockchains. This collaboration is expected to accelerate institutional adoption, enabling seamless integration between traditional finance and decentralized ecosystems. With Wormhole’s advanced messaging protocol, Securitize aims to provide fully compliant digital asset solutions to clients like BlackRock and other institutional funds, further bridging the gap between on-chain and traditional markets.
Read more: solanafloor.com
Countries Leading Interest in Real World Crypto Assets
Interest in Real World Assets (RWA) within crypto is surging globally, with the United States leading, capturing 14.8% of global attention in 2024, driven by protocols like Ondo Finance. Indonesia (10.1%) and Türkiye (8.0%) follow, while Southeast Asian nations such as Vietnam, the Philippines, and Singapore show growing engagement. European countries like the UK and France also rank high, signaling a shift in how traditional assets are integrated into the digital economy.
Read more: cryptodnes.bg
Solana Breakpoint Event 2024: The Future of Tokenization Is Here!
At the Breakpoint 2024 event, Anthony Scaramucci, founder of SkyBridge Capital, highlighted Solana’s leadership in the tokenization of RWA. Solana secured key partnerships with Franklin Templeton and Citi Bank, expanding its role in the financial ecosystem. WisdomTree also joined the RWA revolution, launching a platform for tokenized assets. Solana’s price shows strong recovery signs, with experts predicting further gains.
Read more: coinpedia.org
Sergey Nazarov Unveils Real World Asset Prediction: TradFi to Flood Sector with Trillions
At the TOKEN2049 conference in Singapore, Chainlink creator Sergey Nazarov predicted that traditional finance (TradFi) will inject trillions of dollars into the Real World Assets (RWA) crypto sector, surpassing all other crypto assets by market cap. He emphasized that blockchain technology will shift focus from cryptocurrencies to RWAs, with Chainlink’s CCIP playing a crucial role in facilitating cross-chain value transfers for TradFi and DeFi ecosystems.
Read more: dailyhodl.com
Centrifuge and Chronicle: Improving Financial Transparency with RWA Oracle Integration
Centrifuge has integrated Chronicle’s decentralized oracle to provide real-time price data for Anemoy’s Liquid Treasury Fund (LTF), a tokenized U.S. treasuries fund. This collaboration enhances transparency by enabling investors to track both on-chain and off-chain assets in real-time. Chronicle, spun out from Sky, offers oracle services for multiple chains and has secured over $22 billion in assets. Centrifuge’s RWA ecosystem continues to grow, with $201.5 million in total value locked.
Read more: thedefiant.io
USDC Issuer Circle Launches Onchain Compliance Platform
Circle, the issuer of USDC, has introduced the Compliance Engine, a blockchain-based platform designed to help companies meet compliance requirements like KYC and transaction monitoring. The platform enhances Circle’s existing suite of tools, which support USDC adoption across networks such as Avalanche, Ethereum, and Solana. This move aims to strengthen Circle’s position in the stablecoin market, where it competes with Tether’s USDT and PayPal’s PYUSD.
Read more: cointelegraph.com
Assetera Launches Secondary Tokenized RWA Market on Polygon
Assetera, Europe’s first regulated secondary market for tokenized RWAs, will operate on Polygon, offering tokenized financial instruments like real estate and art. Regulated by Austria’s Financial Market Authority, Assetera enables 24/7 trading with atomic swaps using stablecoins. It supports both custodial and non-custodial wallets, ensuring scalability without compromising security. The platform complies with MiFID II and MiCA regulations, targeting retail and institutional clients across Europe.
Read more: cointelegraph.com
BlackRock Pioneers 45% Growth in Real World Asset Tokenization Over the Next Five Years
A report from Acuiti projects a 45% growth in Real World Assets (RWA) tokenization by 2029, with BlackRock leading this trend. BlackRock’s BUIDL fund, launched in March 2024, has already amassed over $520 million, marking significant progress in tokenized assets. BlackRock’s collaboration with Securitize and Jiritsu further strengthens its role in the tokenization ecosystem, while a recent Wormhole integration enhances cross-chain tokenization capabilities for future assets.
Read more: cryptopolitan.com
2）RWA Market Commentary
1. Growth and Institutional Adoption
The Real World Asset (RWA) tokenization market is experiencing robust growth, spearheaded by major players like BlackRock and Matrixport. BlackRock, through its BUIDL fund, has pioneered the sector with a 45% growth projection over the next five years, accumulating over $520 million in assets. Similarly, Matrixport has expanded its offering by launching XAUm, a gold-backed token on Ethereum and BNB chains, further solidifying the integration of traditional assets into blockchain. The involvement of institutions like Franklin Templeton and Citi Bank with Solana’s RWA initiatives highlights the growing adoption by legacy financial institutions.
2. Challenges and Opportunities in RWA Implementation
While the sector presents immense growth potential, it faces challenges in terms of regulatory compliance and cross-chain interoperability. Platforms like Plume Network and Centrifuge have addressed these issues by focusing on compliance and transparency. Plume is on track to tokenize $1.25 billion by Q4 2024, leveraging a scalable infrastructure that ensures regulatory adherence. Meanwhile, Centrifuge’s partnership with Chronicle integrates real-time oracle data, enhancing transparency for investors. These advancements showcase the potential to overcome traditional financial friction and improve asset liquidity.
3. Sector-Specific Dynamics
The RWA market encompasses a wide range of sectors, including precious metals, real estate, and private credit. Matrixport and Cardano have both introduced gold-backed tokens, allowing investors to interact with a stable, tangible asset class. Plume’s focus on tokenizing solar farms, medical claims, and mining rights demonstrates the diversification of RWAs, offering access to traditionally inaccessible asset classes. Assetera’s launch of a secondary market on Polygon for tokenized financial instruments, including real estate and art, illustrates the growing adoption of RWAs in Europe.
4. Emerging Trends and Future Outlook
The surge in tokenized treasuries, driven by projects like Anemoy’s Liquid Treasury Fund and BlackRock’s BUIDL fund, is indicative of growing institutional interest in RWAs. The partnership between Wormhole and Securitize further emphasizes the importance of cross-chain interoperability, allowing for seamless asset transfers across multiple blockchains. As Sergey Nazarov predicted at TOKEN2049, traditional finance will inject trillions into the RWA sector, shifting the focus of the blockchain industry from cryptocurrencies to RWAs. This shift, bolstered by innovations in compliance and transparency, positions RWAs as the next major frontier for both decentralized and traditional finance.
3）Narrative Overview
Top Performing narratives (7D change):
- AI: 35%
- Identity: 25%
- LSD L2: 22%
- L1s: 20%
- RWA: 20%
RWA Index Ranking 4th:
4）RWA Category Insights
Market Cap: $7.88B (+0.1%)
Top Gainers:
- MetaZero: +28%
- Florence Finance Medici: +19%
- Lanshare: +12%
Market Cap Ranking:
- Mantra $OM
- Pendle $PENDLE
- Ondo $ONDO
5）Tokenized Assets Analytics
Private credit
- Active Loan Value: $9.1B
- Total Loans Value: $14.73B
- Total Loans: 1909
Tokenized Treasuries
- Total Value: $2.22B (+0.06%)
- Average Yield To Maturity: 4.94%
- Holders: 6,109 (-1.15%)
Stablecoins:
- Market Cap: $172.54B (-1.8%)
- Monthly Transfer Volume: $1.45T (-16.4%)
- Monthly Active Addresses: 19.54M (11.7%)
Conclusion
The RWAfi market is rapidly maturing, driven by key players like Plume Network, Matrixport, and BlackRock, which are pioneering tokenization initiatives across various asset classes such as private credit, solar farms, and gold. Plume’s planned tokenization of $1.25 billion in RWAs by Q4 2024 and Matrixport’s XAUm gold token launch highlights the growing investor interest in traditionally inaccessible assets. Institutional adoption is accelerating, with significant partnerships like those between Securitize and Wormhole enhancing cross-chain interoperability and compliance. As regulatory frameworks evolve, platforms like Assetera and Centrifuge set new standards for transparency and trust within the decentralized finance ecosystem. With trillions of dollars expected to flow from traditional finance into blockchain over the coming years, the RWAfi sector is poised to become the leading force in the next wave of decentralized finance, reshaping global asset management and investment strategies.
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.
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