CandleFocus

Forget Memes, Focus RWAs: Top 5 Crypto Tokens to Watch in the $58 Billion Market

The tokenization of real-world assets (RWAs) is gaining traction, with a total market value of $58.37 billion and $2.76 billion traded in the past day. BlackRock CEO Larry Fink believes in the potential of tokenizing stocks and bonds and his asset management firm is preparing to support tokenization efforts. Altcoin Buzz highlights five RWA protocols to watch: Mantra (OM), Clearpool (CPOOL), Ondo Finance (ONDO), Chainlink (LINK), and Plume Network (PLUME). Chainlink is the largest RWA protocol with a market cap of $11.44 billion, although it has experienced a 31.38% drop in the past week. Mantra (OM), Clearpool (CPOOL), Ondo Finance (ONDO), and Plume Network (PLUME) are also making significant strides in the RWA space. Clearpool has recently launched a Layer 2 chain called Oasian, focused on offering RWA yields in a regulatory-friendly manner. Ondo Finance is known for its Global Markets Platform and its own Layer 1 blockchain called Ondo Chain. PLUME token, a new addition to the RWA sector, has seen a 15% increase in the past day and offers a diverse ecosystem with integration of real-world data through oracles.

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