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These days, the RWA market is growing insanely fast. Last year around this time, the market cap was about $4.1 billion, and now it has jumped to $25.2 billion, which is nearly a fivefold increase. Looking at DeFiLlama data, it seems that most of the growth is coming from tokenized funds and products, as well as private lending.
I didn't realize that traditional assets were entering the blockchain so rapidly. I wonder if institutions are starting to move seriously. Anyway, the RWA sector still seems like an area worth paying attention to in the future.