Cryptocurrencies in the real world asset sector (RWA) led the recovery of the broader digital asset market of the blood bath during the night, which underlines the strength of the tokenization investment narrative.
The Decentralized Finance Assets Platform (Defi) tokenized the governance token of Ondo Finance was 16% higher in the day, increasing almost 40% of the minimum nights. The protocol presented today Ondo Nexus, an instant service of minting and redemption for tokenized treasury issues. The company behind the protocol celebrates a summit in New York at the end of this week with several heavyweights of traditional finance, including Blackrock, Franklin Templeton participating.
The native mantra (OM) token, layer block chain 1 designed for tokenized assets centered in the Middle East market, recovered 30% from the bottom of Monday and rose 16% in the day. Last month, the Network announced an asset token association of one billion dollars with the conglomerate owned by Dubai Damac Group that encompasses real estate investments and data centers.
The native token of Chintai (Chex), a regulated and licensed tokenization platform by the Singapore monetary authority, advanced 27% during the same period. The protocol established plans at the end of January to enter the US market and follow value licenses in the country.
Meanwhile, Bitcoin (BTC) recovered above $ 101,000 of the night minimums and was 4% higher in a 24 -hour period. The broad market reference reference index consisting of large capitalization tokens lagged with a gain of 2%.
Sophisticated investors often analyze the fastest horses that recover from minimal capitulation to identify the underlying force in the market in general. RWA token is a hot sector that aims to bring traditional financial assets such as bonds, products and real estate in blockchain rails. with a growing participation of global banks and governments that drive the impulse. Recently, several influential leaders in the financial world promoted RWAS as the next financial innovation border with the potential to become a multi -million dollar market in this decade.
Larry Fink, CEO of Asset Management Behemoth Blackrock, urged US regulators and policy formulators to create rules for tokenized values, imagining that bonds and actions will be negotiated in blockchain rails in the future.
He joined the co -founder and CEO of Robinhood, Vlad Tenev last week, who proposed changes in the rules to unlock tokenized private shares to retail investors, currently limited to accredited investors and rich individuals.
