What’s the progress of Real World Assests(RWAs) tokenization?

[Thenticity]

Early this year, my go-to YouTuber for crypto and finance news made a video about upcoming trends that would “take the market by storm”. He mentioned a few narratives like AI, gaming and memes that are frankly old news(and getting tired now) but one stuck with me, tokenizing real-world assets(RWAs).

The idea’s been around for a while now but apart from Etheruem and Solana and maybe Polymesh, I’m yet to see solutions that adhere to traditional finance regulations and with real utilities. The closest I’ve seen is Mantra. They’re fairly new but have already built dApps finance services like lending and borrowing. I hope they bring the web3 we were promised.

Also, do you think it’s still early  to see positive performance from them in this current cycle?

[target]

Nothing comes up in the news about RWA anymore. This news been buried for since while memecoins are raising up. It could because RWA needs clearer regulations and Gensler is still sitting his ass.

I would expect it to happen in the next season after Trump. It's said he is about to change the market but they could just be using Eth as it's mostly used. Polymesh is unheard.

[Koobace14]

Early this year, my go-to YouTuber for crypto and finance news made a video about upcoming trends that would “take the market by storm”. He mentioned a few narratives like AI, gaming and memes that are frankly old news(and getting tired now) but one stuck with me, tokenizing real-world assets(RWAs).

The idea’s been around for a while now but apart from Etheruem and Solana and maybe Polymesh, I’m yet to see solutions that adhere to traditional finance regulations and with real utilities. The closest I’ve seen is Mantra. They’re fairly new but have already built dApps finance services like lending and borrowing. I hope they bring the web3 we were promised.

Also, do you think it’s still early  to see positive performance from them in this current cycle?

Even though it's early, I think it's starting off on a good foot. MANTRA's token $OM at $3.58 isn't bad. And if truly they can actualize the features of the project, then be rest assured that this would perform exceptionally well.

It's about time traditional finance get replaced.

[joniboini]

They’re fairly new but have already built dApps finance services like lending and borrowing. I hope they bring the web3 we were promised.

What's the difference between them and dozens of other dex/dapps on the market then? Lending and borrowing are not new, and the tokenization of real-world assets is not revolutionary either. If anything the lack of projects and interest from the market shows that the demand is not there yet, if any. Based on my experience, gold-based tokens have been around for years now, and as far as I can see their trading volume has been stagnant.