BlackRock recently launched its first tokenized asset fund, BUIDL, on the Ethereum mainnet, which has attracted more attention to real-world asset (RWA) opportunities. This article compiles 15 potential projects in the RWA field for readers to explore. The article is sourced from crypto KOL ardizor and translated, compiled, and written by PANews.
Table of Contents:
Goldfinch
Clearpool
Ondo Finance
Nexera Foundation
Polytrade
Creditcoin
Dusk
IX Swap
Grand Base
Swarm
Chintai Nexus
Realio
Boson Protocol
Xend Finance
Opulous
RWA represents tradable or non-fungible tokens of traditional financial assets on the blockchain. RWA can represent tangible assets such as real estate or intangible assets such as government bonds and carbon credits.
RWA has become the second most popular narrative after Solana Memecoin in this cycle. Predictions suggest that the RWA market could reach $10 trillion by 2030.
RWA covers almost all key assets in the real world, including commodities, real estate, government bonds, and insurance.
BlackRock recently launched the tokenized asset fund BUIDL on the Ethereum network. Financial institutions have invested heavily in tokenization, which benefits the entire crypto market. Additionally, Coinbase has been selected as a key infrastructure provider. With the joint efforts of BlackRock and Coinbase, the RWA field may undergo a complete transformation.
There is no doubt that the RWA field has tremendous potential and could be fully realized in 2024-2025. Crypto KOL ardizor has identified 15 “most promising” projects that have the potential to become market leaders by the end of this year.
Goldfinch:
Goldfinch is a decentralized lending protocol initially targeting emerging markets. The project enables capital providers to earn investment returns while offering cryptocurrency loans to creditworthy applicants without the need to lock cryptocurrency as collateral.
Key indicators:
Token: GFI
Market cap: $144.1 million
FDV: $236.3 million
Unlocked: 60.9% of total supply
Clearpool:
Clearpool protocol is a decentralized capital market ecosystem where institutional borrowers can directly access unsecured loans from the DeFi ecosystem. The Clearpool protocol is built on the Ethereum and Polygon blockchains.
Key indicators:
Token: CPOOL
Market cap: $87.5 million
FDV: $195.4 million
Unlocked: 44.7% of total supply
Ondo Finance:
Ondo’s mission is to make institutional-grade financial products and services accessible to everyone. Ondo is building the next generation financial infrastructure to improve market efficiency, transparency, and accessibility.
Key indicators:
Token: ONDO
Market cap: $1.18 billion
FDV: $8.2 billion
Unlocked: 14.3% of total supply
Nexera Foundation:
Nexera empowers the future of finance through cutting-edge open-source innovation. The project leverages blockchain technology to facilitate on-chain and off-chain operations, simplifying digital, financial, and RWA management.
Key indicators:
Token: NXRA
Market cap: $189 million
FDV: $203 million
Unlocked: 93.1% of total supply
Polytrade:
Polytrade is a blockchain-based decentralized trade financing protocol that aims to connect buyers, sellers, insurance companies, and investors for a seamless trading experience.
Key indicators:
Token: TRADE
Market cap: $52.7 million
FDV: $167.5 million
Unlocked: 32.5% of total supply
Creditcoin:
Creditcoin is a multi-chain credit protocol that serves as a foundational L1 blockchain for matching and recording credit transactions.
Key indicators:
Token: CTC
Market cap: $271 million
FDV: $507 million
Unlocked: 53.4% of total supply
Dusk:
Dusk Network is a privacy-focused blockchain designed for financial platforms. Dusk Network offers regulated and decentralized financial services such as financing and trade automation through smart contracts.
Key indicators:
Token: DUSK
Market cap: $197 million
FDV: $215 million
Unlocked: 91.6% of total supply
IX Swap:
IX Swap is a DeFi platform for trading security tokens and RWAs through licensed custodians and brokers. The IX ecosystem includes security token trading, crowdfunding platforms, tokenization as a service, and fractionalized NFT platforms.
Key indicators:
Token: IXS
Market cap: $71.5 million
FDV: $78.7 million
Unlocked: 90.8% of total supply
Grand Base:
Grand Base is a decentralized spot synthetic RWAs market that aims to provide RWAs exposure without holding the underlying assets.
Key indicators:
Token: GB
Market cap: $37.6 million
FDV: $180 million
Unlocked: 20.8% of total supply
Swarm:
Swarm Markets enables institutional investors such as banks and hedge funds, as well as retail investors, to trade and hold tokens based on various real-world assets, including commodities, traditional market securities, and cryptocurrencies.
Key indicators:
Token: SMT
Market cap: $41.7 million
FDV: $166 million
Unlocked: 25.1% of total supply
Chintai Nexus:
Chintai Nexus offers comprehensive solutions for responsible digital assets and utility tokens. The Chintai Nexus platform seamlessly connects decentralized finance and traditional finance through compatible blockchain technology.
Key indicators:
Token: CHEX
Market cap: $198.7 million
FDV: $198.7 million
Unlocked: 100% of total supply
Realio:
Realio is a digital issuance, investment, and peer-to-peer trading platform that utilizes a proprietary decentralized network to issue and connect centralized ecosystems. It’s like a complete Web3 ecosystem for RWAs.
Key indicators:
Token: RIO
Market cap: $11 million
FDV: $92.6 million
Unlocked: 11.8% of total supply
Boson Protocol:
Boson Protocol is the decentralized commerce layer of Web3, supporting the tokenization, transfer, and trading of physical goods as redeemable NFTs.
Key indicators:
Token: BOSON
Market cap: $61.1 million
FDV: $107 million
Unlocked: 60.3% of total supply
Xend Finance:
With support from Binance Labs and Google Launchpad, Xend Finance is at the forefront of financial innovation, bridging the gap between traditional finance (TradFi) and DeFi.
Key indicators:
Token: RWA
Market cap: $15 million
FDV: $26.7 million
Unlocked: 55.4% of total supply
Opulous:
Opulous democratizes music financing while strengthening the connection between artists and fans, creating a fairer and more supportive music economy.
Key indicators:
Token: OPUL
Market cap: $96 million
FDV: $118 million
Unlocked: 81.3% of total supply