Take a look at 15 potential projects on the RWA track that have the potential to become market leaders by the end of this year

The concept of RWA is not new to the blockchain industry, and the earliest RWA project is BTM Bytom Chain, which is "asset on the chain". At present, the most successful RWA is the digital dollar USDT and USDC, which map the US dollar on-chain and tokenize it. Stablecoins, which have imperceptibly influenced the entire crypto industry, have become an important cornerstone.

RWA, which stands for real world assets-tokenization, is the process of converting the ownership value (and any associated rights) in tangible or intangible assets into digital tokens. This enables the digital ownership, transfer, and storage of assets without the need for a central intermediary, with value mapped onto the blockchain and transacted. RWA can be tangible or intangible.

Tangible assets include: real estate, art, precious metals, transportation, sports clubs, horse racing, etc.
Intangible assets include: stocks and bonds, intellectual property, investment funds, synthetic assets, revenue sharing agreements, cash, accounts receivable, etc.

There are many types of RWA track projects, most of which are mainly DeFi, and there are three main categories:1. Fixed income projects based on off-chain assets such as U.S. bonds, stocks, real estate, and art;2. Public credit projects issued or traded on the open market; Trading market projects based on virtual assets such as carbon credits. In addition, there are infrastructure projects such as vertical public chains.

1、Goldfinch
Goldfinch is a decentralized credit protocol that was initially aimed at emerging markets. The project is able to provide capital providers with ROI while also providing cryptocurrency loans to reputable applicants who do not need to lock up cryptocurrency as collateral. The project is able to provide capital providers with an ROI while also providing crypto loans to reputable applicants without collateral.

Key Indicators:
Token: GFI
Market capitalization: $144.1 million
FDV: $236.3 million
Unlocked: 60.9% of the total supply

2、Clearpool
The Clearpool Protocol is a decentralized capital markets ecosystem where institutional borrowers aim to source unsecured loans directly from the DeFi ecosystem. The Clearpool protocol is built on the Ethereum and Polygon blockchains.

Key Indicators:
Token: CPOOL
Market Cap: $87.5 million
FDV: $195.4 million
Unlocked: 44.7% of the total supply

3、Ondo Finance
Ondo's mission is to make institutional-grade financial products and services accessible to everyone. Ondo is building next-generation financial infrastructure to improve market efficiency, transparency, and accessibility.

Key Indicators:
Token: ONDO
Market capitalization: $1.18 billion
FDV: $8.2 billion
Unlocked: 14.3% of total supply

4、Nexera Foundation
Nexera is empowering the future of finance through cutting-edge open source innovation. The project uses blockchain technology to facilitate on-chain and off-chain operations, simplifying digital, financial, and RWA management.

Key Indicators:
Token: NXRA
Market Cap: $189 million
FDV: $203 million
Unlocked: 93.1% of total supply

5、Polytrade
Polytrade is a blockchain-based decentralized trade finance protocol designed to connect buyers, sellers, insurers, and investors to provide a seamless trading experience.

Key Indicators:
Token: TRADE
Market Cap: $52.7 million
FDV: $167.5 million
Unlocked: 32.5% of total supply

6、Creditcoin
Creditcoin, a multi-chain credit reporting protocol, is a foundational L1 blockchain designed to match and record credit reporting transactions.

Key Indicators:
Token: CTC
Market capitalization: $271 million
FDV: $507 million
Unlocked: 53.4% of total supply

7、Dusk
Dusk Network is a privacy-focused blockchain designed specifically for financial platforms. Dusk Network offers regulated and decentralized financial services such as financing and trade automation through smart contracts.

Key Indicators:
Token: DUSK
Market capitalization: $197 million
FDV: $215 million
Unlocked: 91.6% of total supply

8、IX Swap
IX Swap is a DeFi platform that trades security tokens and RWAs through licensed custodians and brokers. The IX ecosystem includes security token trading, crowdfunding launch platforms, tokenization-as-a-service and fractional NFT platforms.

Key Indicators:
Token: IXS
Market Cap: $71.5 million
FDV: $78.7 million
Unlocked: 90.8% of total supply

9、Grand Base
Grand Base is a decentralized spot synthetic RWAs marketplace designed to provide exposure to RWAs without holding the actual underlying asset.

Key Indicators:
Token: GB
Market Cap: $37.6 million
FDV: $180 million
Unlocked: 20.8% of total supply

10、Swarm
Swarm Markets enables institutional investors such as banks and hedge funds, as well as retail investors, to trade and hold tokens based on a variety of real-world assets, such as commodities and traditional market securities, as well as cryptocurrencies.

Key Indicators:
Token: SMT
Market capitalization: $41.7 million
FDV: $166 million
Unlocked: 25.1% of total supply

11、Chintai Nexus
Chintai Nexus offers a comprehensive solution for responsible digital assets and utility tokens. The Chintai Nexus platform seamlessly connects decentralized finance and traditional finance through compatible blockchain technology.

Key Indicators:
Token: CHEX
Market Cap: $198.7 million
FDV: $198.7 million
Unlocked: 100% of total supply

12、Realio
Realio is a digital issuance, investment, and peer-to-peer trading platform that leverages a proprietary distributed network to issue and connect to a centralized ecosystem. It's like RWA's entire Web3 ecosystem.

Key Indicators:
Token: RIO
Market Cap: $11 million
FDV: $92.6 million
Unlocked: 11.8% of total supply

13、Boson Protocol
The Boson protocol is Web3's decentralized commerce layer that enables the tokenization, transfer, and trading of physical objects as redeemable NFTs.

Key Indicators:
Token: BOSON
Market Cap: $61.1 million
FDV: $107 million
Unlocked: 60.3% of the total supply

14、Xend Finance
Powered by Binance Labs and Google Launchpad, Xend Finance is at the forefront of financial innovation, bridging the gap between traditional finance (TradFi) and DeFi.

Key Indicators:
Token: RWA
Market Cap: $15 million
FDV: $26.7 million
Unlocked: 55.4% of the total supply

15、Opulous
Opulous democratizes music financing while strengthening the connection between artists and fans, creating a more equitable and supportive music economy.

Key Indicators:
Token: OPUL
Market Cap: $96 million
FDV: $118 million
Unlocked: 81.3% of total supply

(Source: ardizor, Felix)