RWA market jumps up to $40.41 billion in a week

The RWA sector has doubled by more than 20% in the past week and currently appears to be one of the strongest growing areas in the crypto market.

The market cap of the real-world asset sector is $40.41 billion, with a 24-hour trading volume of $3.22 billion. RWAs are stabilizing as the next point in the innovation process, acting as a bridge for blockchain technology connecting real assets with art, commodities and real estate.

The two sector leaders are Avalanche (AVAX), up 14.97% last week, and Chainlink (LINK), up 14.39%. More impressively, MANTRA (OM) is up 128.51% in the past week. By comparison, Maker (MKR) is up 15.89%; This is a testament to the intense interest in decentralized finance protocols in communities right now.

Real World Assets (RWA) Total Value Locked (TVL) Performance: Maple Finance and Goldfinch Lead Sector Growth | Source: crypto.news

As of October 21, Total Value Locked for the RWA sector was up $517.6 million on Maple Finance and $72.6 million on Goldfinch, two DeFi protocols seeking to fund decentralized loans with RWA in emerging markets. The total value locked stands at approximately $590.2 million. This also indicates increased investment value and the adoption of decentralized lending and borrowing protocols.

This increase in TVL points to the increasing use of RWAs in providing liquidity to traditionally illiquid assets. Players such as Maple and Goldfinch have emerged as key assets in this process of blockchain solutions being capitalized at the enterprise level.

“The SEC and Finra will be a little forgiving, maybe even unforgiving. They will say: You are just using this technology to create an investment product, do you understand? And it comes back to the crypto issue; This doesn’t look like a scary crypto with a rug pull. So it’s like tedious database work to create investment products and increase efficiency.” – Vertalo CEO David Hendricks spoke with Dorian Batycka and crypto news.

With greater focus on RWA sectors, this sector is merging with decentralized finance and new avenues for financial inclusion and innovation will be unlocked. Audiences in this space, including investors and developers, are turning to the potential space that needs to redefine ownership of assets and ultimately make them accessible to the market.