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Tokenized RWA Segments Expected to Grow Include Private Credit and Equity
During the TokenizeThis conference in New York, discussions revolved around tokenized stocks and retail adoption of tokenized real-world assets (RWAs). Key points included:
- The stablecoin market is nearly $230 billion, while on-chain RWAs total $18.5 billion.
- A Bitwise report highlighted Q1 as "the best worst quarter" for crypto; despite falling asset prices, stablecoin market cap reached a new high and RWAs grew 37% quarter over quarter.
- BlackRock's tokenized money market fund, BUIDL, surpassed $2 billion in Assets Under Management (AUM).
- Upcoming US legislation is expected to facilitate the growth of stablecoins and tokenized Treasury products.
- Investment opportunities in publicly listed US stocks and private credit were emphasized as next steps for on-chain access.
- Taurus estimates that fund tokenization could represent a $1 trillion market opportunity by 2030.
- Investors are seeking integrated platforms like Robinhood that combine access to crypto, stocks, and tokenized private credit.
Overall, the consensus indicates a growing interest in integrating traditional investment opportunities with blockchain technology.