The recovery of the cryptocurrency market was led by cryptocurrencies in the real-world asset (RWA) sector, highlighting the strength of the tokenization investment narrative. Ondo Finance's governance token and MANTRA's native token both rebounded significantly and announced partnerships related to tokenized assets. Chintai's native token also saw significant gains and revealed plans to enter the U.S. market. Bitcoin also rebounded and showed a 4% gain in a 24-hour period. The RWA tokenization sector is gaining momentum with support from global banks and governments, and influential leaders such as Larry Fink and Vlad Tenev have expressed their support for tokenized securities.
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