Mapping Out The Real-World-Asset (RWA) Ecosystem

RWA (real-world assets) has been a rising sector in the blockchain industry, as signified by BlackRock's recent tokenized fund, BUIDL, on Ethereum. Tokenizing real-world assets, from financial instruments to real estate, can offer a series of benefits, such as saving operational costs, enabling near-instant settlement, and increasing transparency. Combined with DeFi, on-chain RWAs unlock new use cases by tapping into broader liquidity.

To analyze the landscape of RWAs, The Block Pro’s research team has reviewed 244 projects and categorized them into the following verticals: