CandleFocus Polygon PoS Leading the Way in $30T Tokenization of RWAs – Onchain Adoption on the Rise
2024-09-12
Author: Content Editor
The tokenization of real-world assets (RWAs) is emerging as a $30 trillion opportunity for the Web3 sector, and Polygon's Proof of Stake (PoS) blockchain is positioned to support this trend. Franklin Templeton, Spiko Finance, top Italian banks, Hamilton Lane, and Germany's KfW are among the institutions utilizing Polygon PoS to tokenize assets and access new liquidity sources. The ecosystem of Polygon has shown steady expansion in 2024, facilitating over $214 billion in DEX volume and adding $102 billion in assets through major centralized exchanges. Despite remaining below its all-time high, the price of Polygon (POL) has seen significant growth and is currently trading at $0.3769 with strong future potential.
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