StakeStone completed a new round of funding on 2024-03-24.

When it comes to RWA, everyone may be familiar with it. A few months ago, RWA triggered extensive discussions with its strong concept of asset digitization, causing the market to speculate on secondary narratives. For a time, RWA concept tokens emerged one after another, and they came to seize the first pot of gold brought by institutions. However, similar to all concepts that stand out from the crowd, due to various restrictions such as supervision and scenarios, RWA has returned to calm after large institutions and regional governments have made their platforms short-lived. I thought it would be lost to everyone, but what I didn’t expect was that a few months later, the RWA track became popular again. The key person who ignited this fire is BlackRock. On March 20, BlackRock announced the launch of its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). It is reported that BUIDL will be conducted through Securitize, a digital asset securities company focusing on RWA.

The number of registered users of Threads has exceeded 10 million within 7 hours of its launch; the former chairman of the US CFTC proposed to create an encryption self-regulatory organization subject to the supervision of the SEC and CFTC; FTX suspended the plan to sell its Japanese subsidiary and plans to sell the entire group to increase the price.

The author analyzes RWA from multiple dimensions such as underlying assets and their standardization, off-chain cooperative institutions and cooperation forms, and risk management, and shares his views on potential risks brought about by regulation and its possible future development path.

The author analyzes RWA from multiple dimensions such as underlying assets and their standardization, off-chain cooperative institutions and cooperation forms, and risk management, and shares his views on potential risks brought about by regulation and its possible future development path.

JPMorgan Chase, Goldman Sachs, and Citigroup, the areas they try are often new financial vanes.