Reported 1 day ago
The Real World Asset (RWA) sector has gained significant momentum, with a valuation hitting $34.4 billion and $3.9 billion in new deposits over the past month, largely due to the U.S. government shutdown and a record rally in gold prices. Despite a challenging environment for cryptocurrencies, which experienced substantial losses, RWA products such as tokenized debt and commodities attracted inflows as investors sought stability. U.S. Treasuries and gold-backed assets led the surge in deposits, demonstrating the RWA sector's resilience amidst broader financial turbulence.
Source: YAHOO