The crypto markets’ focus on real-world asset (RWA) tokenisation has gained momentum throughout 2024, and multiple entities within the traditional finance (TradFi) industry are also integrating blockchain and asset tokenisation into their portfolios, reports Cointelegraph.
Cointelegraph Markets spoke with Victor Sanchez and Alan Keegan, the co-founders of the RWA-focused blockchain project Kinto, to explore the market potential of tokenised RWAs. Both shared their views on the factors behind the rapid growth of RWAs and why they believe “big institutions” such as BlackRock are bullish on the asset class.
When asked about driving factors behind the rapid growth of RWAs this year, Sanchez said “Interest has always existed due to the obvious advantages: removing middlemen (and their costs), an incredibly liquid and efficient 24/7 market and a transparent ledger. RWAs and TradFi have now found a counterparty safe, secure, composable and usable space in places and processes like the ones we implemented at Kinto”.
