Most tokenized RWAs just sit onchain: bonds and metals have huge tokenized caps but minimal DeFi use, while DeFi-native assets like…
Most tokenized RWAs just sit onchain: bonds and metals have huge tokenized caps but minimal DeFi use, while DeFi-native assets like reinsurance and private credit see far higher onchain utilization. - 𝕏/@a16zcrypto 🏷️ Real World Assets, Onchain, Bond 🕵️ @PeterMM
The excerpt is quoted from a public Telegram channel, which owns its text.