Tweeted by rektonomi
Tweeted by rektonomist_@1673649791744499713
I bet you didn’t notice it…but Mantle honestly had one of the more interesting H1s in crypto.
And yeah….I don’t think the market fully appreciates how much the RWA conversation changed over the past 12 months.
According to the latest Proof of Talk data, RWAs and tokenization have now overtaken DeFi as the #1 sector Web3 founders are building in (29% vs 23%). Investors seem to agree too, with 92% of surveyed funds ranking RWAs as a top area of interest.
P.S. I agree with that shift. Mostly because I don’t think tokenization itself was ever the hard part.
Let’s be real. Almost everyone with the right set of tools and custodians can put an asset onchain.
Here’s what’s hard AF to build:
• liquidity
• distribution
• lending markets
• institutional access
• settlement rails
But why do I believe H1 was gud for @Mantle_Official? Well…just look at the data…
• 155 tokenized equities trading 24/7 (bullish and something that TradFi needs desperately)
• SpaceX ($SPCXx) listed onchain from day one (a pretty powerful move toward attracting new users)
Want more?
• Franklin Templeton’s ~$2B ETF brought onchain
• ~$90M RWA DeFi TVL
• ~$955M stablecoin market cap (+120% YoY)
But wait!!! According to https://t.co/olYleoxDbx, tokenized assets have already grown into a ~$28B+ live onchain market, while institutional forecasts for the next decade range anywhere from $2T to $30T+.
If this isn’t enough for you…I don’t even know what to say to you then lmao