Sea
Sea|11月 27, 2025 03:26
Measuring which RWAs (Real World Assets) are easier to bring on-chain, one standard is to look at the original level of digitization of these assets. If the digitization level is high, like USD, US Treasuries, or US stocks, they are relatively easier to tokenize with a shorter conversion path. If the original digitization is difficult or non-standard, then tokenization becomes harder, with a longer and more challenging path. Stablecoins are the largest category of RWAs and have seen explosive growth in the past two years. Another RWA category I’m very optimistic about is stocks/equity assets. One type is publicly traded US stocks, which many players are already working on. Yesterday, I saw that @binancezh has also integrated this section into their wallet. The access path is: Binance app → Wallet → Markets → Tokenized Stocks https://web3.(binance.com)/referral?ref=SW9M5EK0 Recently, the crypto market has been experiencing wide fluctuations, and many people are cashing out and transferring assets into US stocks. Binance entering the US stock RWA space not only makes it convenient for users who want to invest in US stocks but also helps retain some assets within the crypto ecosystem. This will undoubtedly accelerate the adoption of US stock RWA assets. These assets are underpinned by partnerships with Ondo and xStocks, including categories like tech giants, crypto-related stocks, and ETFs. Some of these assets currently have 0% transaction fees. Another type is equity in unlisted unicorn companies, such as SpaceX, Kraken, Stripe, Bytedance, and other top global companies. Several platforms are working on this as well. For example, I mentioned Jarsy in a previous podcast (https://(x.com)/Sea_Bitcoin/status/1962312746827215343), and recently, a few friends of mine have been working on @Tessera_PE (not yet launched), so you can keep an eye on it for now.
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