Real-world assets (RWAs) in the context of cryptocurrencies and blockchain technology refer to physical or digital assets that have an intrinsic value outside of the blockchain ecosystem. These assets are tokenized, meaning that their ownership rights or a representation of their value is encoded on a blockchain, typically in the form of non-fungible tokens (NFTs) or other digital tokens. RWAs are essentially digital tokens that represent ownership or rights to physical assets that exist in the real world. These real-world assets can be a whole variety of things, including real estate, art, stocks, bonds, intellectual property rights, and even some stablecoins. By tokenizing these real-world assets, they can be bought and sold on a blockchain, which can offer several advantages. Here are some real-world assets in crypto.
Real-World Assets Crypto List
Centrifuge
Centrifuge is the pioneering platform for real-world asset tokenization. It was founded in 2017 with the mission to solve inefficiencies in the financial system with blockchain technology. It brings finance on-chain and allows multiple parties to reach an agreement on shared information without a trusted intermediary. Centrifuge provides both the infrastructure and ecosystem to tokenize, manage, and invest in a complete, diversified portfolio of real-world assets.
Centrifuge’s utility token, CFG, currently has a market cap of $368,540,108 with a total supply of 527,368,013, according to Coingecko.
Creditcoin
Creditcoin is a blockchain-agnostic investment protocol where investors can lend with any cryptocurrency. Creditcoin and its network are designed as a single blockchain that serves a single purpose: enabling blockchain-based lending transactions. Creditcoin is working with major financial institutions to bring real-world assets on-chain. By recording loan terms, repayments, and credit performance on a multi-blockchain-agnostic protocol, the network facilitates trustless, credit risk assessment of fintech lending opportunities in unbanked countries. Its utility token, CTC, has a market cap of $273,203,049.
MANTRA
MANTRA Chain is specifically designed to address the challenges associated with tokenized RWAs and compliance in the blockchain space. The platform also offers integrated features for the compliant on-ramp of tokenized RWAs. It incorporates a compliance-focused toolkit that reduces costs and complexity and enhances the developer experience in creating compliant Web3 decentralized applications (dApps). This ensures that the process of converting physical assets into digital tokens adheres to regulatory requirements, facilitating the seamless integration of traditional assets into the blockchain ecosystem.
OM is the utility token for Mantra, and it’s currently at a $250,048,190 market cap.
TokenFi
TokenFi is an all-in-one tokenization platform for creating tokens and tokenizing Real World Assets (RWA). TokenFi is a Floki project and is controlled by the Floki DAO. It aims to simplify the crypto and asset tokenization processes and eventually become the foremost tokenization platform in the world.
The TokenFi RWA Tokenization Module was created to enable the tokenization of real-world assets (RWAs) that are not classified as securities. This feature serves as a quick and efficient means for users to tokenize real-world assets through the TokenFi platform.
$Token has a market cap of $94,619,508.
Planet
Planet ReFi ($PLANET), one of the pioneers under ReFi, is partnering with the world’s biggest celebrities, like Lionel Messi, and introducing Real-World Assets (RWAs) to Web3. Planet ReFi aims to emerge as a groundbreaking platform poised to transform the $16 trillion real-world assets (RWAs) market. Through its business model and practices, Planet aims to integrate the dynamism of Web3 with the robustness of RWAs, creating a synergy that unlocks unprecedented yields and fosters sustainable growth. Planet Token currently has a market cap of $86,279,752.
Goldfinch
Goldfinch is a decentralized protocol that allows for crypto borrowing without crypto collateral. By incorporating the principle of “trust through consensus,” the Goldfinch protocol creates a way for borrowers to show creditworthiness based on the collective assessment of other participants rather than based on their crypto assets. Goldfinch is a global credit protocol that offers sustainable, high-quality stablecoin yields that are generated by real-world economic activity and sheltered from DeFi’s volatility.
GFI is an Ethereum token that governs Goldfinch, which ultimately aims to make DeFi lending more accessible by enabling loans that can use both on- and off-chain collateral. Goldfinch is backed by Coinbase Ventures, Andreessen, and other investors. Goldfinch currently has a market cap of $133,886,509
Propchain
Propchain aims to redefine asset ownership through blockchain technology, thereby making real estate accessible and affordable. By tokenizing real estate property on the blockchain, Propchain has created a possibility for everyone to access real estate in their own capacities. Prop.com created a successful MVP of this solution and completed more than €1.5 million worth of fractional real estate asset sales. The company’s strategic approach to tokenizing real estate assets, combined with its regulatory compliance, professional management, and partnerships, make it an attractive investment opportunity for investors seeking stable and attractive returns. The Propchain movement strives to democratize real estate investment and make homeownership attainable, ultimately empowering individuals to construct enduring legacies. PROPC, the utility token for the Propchain ecosystem, is currently at $42,772,419
Credefi
Credefi Finance is bridging the EU debt financing gap of $176.6 billion by connecting crypto lenders with SME borrowers, solving key challenges for both the DeFi and TradFi economies. Credefi offers stable, predictable returns, not affected by crypto market volatility, and is secured by real-world collateral and Experian’s credit risk scoring. Credefi has designed a system that allows lending and borrowing money on a decentralized platform, where the interest is determined by the users’ individual risk appetite. This platform will provide the means for each borrower to apply and be evaluated using professional risk assessment algorithms. After the assessment, a recommended rate of return is assigned to the application, the projects are uploaded to the platform, and all users will be able to make an informed choice on where and how much to invest, as well as what return to expect.
Credefi has a market cap of $6,714,311.
Conclusion
Real-world assets in the DeFi and crypto industries are used for different purposes in order to bridge the traditional and crypto spaces. These purposes can be in terms of borrowing and lending, index funds, or offering less risky investments to investors, in that they get to access alternative asset classes, not just crypto-related assets. Such as assets linked to real estate, commodities, art, or other less volatile assets.
The above are the top real-world assets (RWAs) listed by Coingecko.
This article is not intended to be financial advice. It is important that you do your own research before investing in RWAs.