The Real World Asset (RWA) token market has shown remarkable growth over the past three years, increasing its value by 58 times. According to DeFiLlama platform data, the Total Value Locked (TVL) in this sector has reached a record $8.217 billion, with $1 billion added just in the last seven days. Platforms like Usual and Hashnote are leading this growth. Usual’s TVL has reached $1.445 billion with a weekly growth of 65.65%, while Hashnote has reached a similar growth of 65.58% to a TVL of $1.497 billion. In the past 30 days, Usual has recorded a 230% growth and Hashnote a 217% growth, forming over 35% of the total value locked in the RWA sector. Usual’s strong performance is due to raising $10 million in a Series A financing round led by Binance Labs and Kraken Ventures. Additionally, the governance token price of this platform has reached its all-time high due to rumors of a project leader’s account hack and potential collaboration with the US government. Other platforms like Nest Staking, MatrixDock, Franklin Templeton, and Ethena have also shown significant growth. Nest Staking has reached a TVL of $66.24 million with a weekly growth of over 58%, while MatrixDock has recorded a growth of 48.18%. On the other hand, protocols like Solv, Danogo, DigiFT, KlimaDAO, Fortunafi, and Maker RWA have experienced declines. Danogo’s TVL value has dropped by 15% in a week to $4 million, and Solu has decreased by 10% to $712.81 million. In the last 30 days, Maker RWA has registered the highest decline of 65%, reducing its asset value to $290.7 million. The growth of tokenizing real-world assets indicates significant changes in traditional asset management and access. Recently, lithium mining industry players in Argentina have also announced plans to tokenize this industry in collaboration with Cardano (ADA), with major companies like BlackRock playing a role in legitimizing this space. You can view the live and real-time prices of all tokens and cryptocurrencies on the Instant Digital Currency Prices page.
