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Exploring how LTO Network is reshaping the DeFi landscape with RWAs!

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by COINS NEWS 88 Views

There are currently 1.3 billion USD of RWAs on-chain in crypto. This area grew to a total value of 1.05bn USD in 2023, 82% (855.7m USD) of which has come from treasuries, real estate, and private credit. Major industry leaders from both the traditional financial and crypto worlds are calling RWAs the biggest growth area for crypto in the next cycle, and it is estimated that by 2030, there will be 16 trillion USD of RWAs on-chain. It sounds like a great and growing ecosystem to be involved with, and the news and social media excitement surrounding this sector shows that the greater crypto community agrees. But for RWAs to reach their full potential, the current market needs more capable technologies to tokenize assets in a meaningful way. Even more so, it needs technology that allows this to occur in a decentralized manner. The introduction of decentralized RWAs means that the greater crypto community and DeFi can start interacting with these RWAs in a much safer form. With centralized RWAs, an additional layer of trust is required between the Web3 community and the centralized parties performing the tokenization. If the centralized party disappears, the tokens representing the asset become useless. Therefore, these centralized RWAs are not a true and reliable store of value. Tokenizing assets requires a strong legal framework as well as technology that can address the complex issues around "identity" and the demonstration of the legal ownership of the asset. Consequently, there is also the requirement to preserve the privacy of sensitive data that defines the legal status and ownership of the assets. LTO Network has built a robust suite of technologies that work together and form our RWA ecosystem to address and solve the current issues surrounding RWAs. Through the integration of our various DApps, we are able to provide the world's most robust and capable RWA platform to handle the entire lifecycle of assets, from on-chain tokenization to DeFi participation and back to off-chain interaction.

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