Tokenized Real-World Assets (blockchain-based representations) Top $19B, Overtaking Decentralized Exchanges (peer-to-peer trading platforms)

The category became decentralized finance (blockchain-based financial services) fifth-largest in December with $19B in on-chain (recorded on a blockchain) value, led by $8.7B in tokenized U.S. Treasurys and rising institutional adoption.

62d ago

Summary

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Terms & Concepts

Real-world assets (RWA): Traditional assets represented as blockchain tokens, enabling on-chain transfer, settlement, and tracking.
Tokenization: Issuing blockchain tokens that represent ownership or claims on off-chain assets such as bonds or real estate.
Decentralized exchange (DEX): A trading venue using smart contracts (self-executing blockchain code) for peer-to-peer swaps without a central intermediary.