RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more.
The latest trend to gain traction in the cryptocurrency market is the tokenization of real-world assets (RWA), sparked by interest from major financial institutions such as BlackRock.
RWA tokenization transfers ownership rights of financial or physical assets into digital tokens, providing an unchangeable and transferable unity of ownership.
These tokens can thereafter be issued, purchased, sold and exchanged on numerous exchanges and networks.