The RWA track is experiencing a comprehensive boom: longer giants are laying out plans, and the industry's prospects are highly regarded.

Recently, the crypto market has been continuously rising in popularity, and the RWA (Real World Assets) sector is frequently welcoming new developments. Several well-known institutions have launched asset tokenization platforms, injecting new vitality into this field.

A well-known stablecoin issuer announced the launch of the asset tokenization platform Hadron on November 14, which aims to simplify the process of converting various assets into digital tokens. Users can easily tokenize stocks, bonds, commodities, funds, and reward points. Hadron not only provides risk control, asset issuance and destruction, and compliance guidance, but also supports blockchain reporting and capital market management. On the technical side, the platform supports Ethereum, Avalanche, and Blockstream's Bitcoin scaling network Liquid, and will support more smart contract chains in the future.

Traditional financial giants are also actively laying out in this field. A global payment technology company launched the tokenized asset issuance and management platform VTAP at the beginning of October, aiming to simplify the issuance and management of tokenized assets, including tokenized deposits, stablecoins, and Central Bank Digital Currencies (CBDC). Financial institutions can utilize the sandbox environment provided by the platform to create and test their own fiat-backed tokens.

At the same time, some projects are starting to focus on the potential of the retail market. The EU tokenization protocol Midas has opened mTBILL and mBASIS tokens to retail traders, making Midas's RWA tokens the only regulated crypto tool in Europe that is not subject to a minimum investment limit of $100,000.

In terms of tokenization of specific asset types, the tokenized fund platform Elmnts, supported by oil and gas royalties, has launched a public beta on Solana. These funds are backed by royalty fees and are primarily targeted at institutions and high-net-worth individuals.

Participants in the DeFi space are also actively exploring. A DeFi protocol has begun to utilize the money market fund tokens of a large asset management company to develop derivative products, showcasing the potential for integration between traditional finance and emerging technologies.

As the regulatory environment gradually becomes clear, the industry's optimism about the future of tokenization continues to grow. The operations head of a cryptocurrency exchange pointed out that large financial institutions will be the main driving force behind the growth of the tokenization industry. Meanwhile, the CEO of the world's largest asset management company sees the tokenization of financial assets as "the next step in future development."

The global consulting firm Boston Consulting Group (BCG) refers to the tokenization of RWAs as the "third revolution in asset management." BCG predicts that by 2030, the assets under management of tokenized funds could reach 1% of global mutual funds and ETF assets, exceeding $600 billion. Another report's forecast is even more aggressive, suggesting that the size of the RWA tokenization industry could exceed $30 trillion by 2030, with an expected growth of over 50 times.

The enhancement of regulatory clarity has injected new confidence into the industry. A well-known venture capital firm pointed out in a recent article that there is now a pathway for constructive engagement with regulators and legislators, which can bring about regulatory clarity and encourage founders to explore blockchain-supported breakthrough products and services, including tokens.

In terms of asset types, bonds are expected to lead the large-scale adoption of tokenized real-world assets due to their structural characteristics. A report from a global investment management company points out that the bond market has matured and is suitable for tokenization; the complexity of these instruments, the repetitiveness of issuance costs, and the high competition among intermediaries not only support rapid adoption but also provide space for significant impact.

With advancements in technology and improvements in the regulatory environment, RWA tokenization is expected to bring revolutionary changes to the financial markets, enhance asset liquidity, reduce transaction costs, and create more opportunities for investors.