- The US accounts for 14% of the global interest in crypto RWAs.
- Ondo Finance accounts for half of the total interest shown by the US in crypto RWAs.
- Indonesia, Türkiye, India, and the UK along with the U.S. are the top five nations with the most interest.
A report from CoinGecko Research brought forth facts highlighting the rising interest in the U.S. for Real World Assets (RWA) crypto. RWA assets are tokenized versions of assets traditionally outside the blockchain world (like real estate) offering transparency with better liquidity.
According to the CoinGecko report, institutions and investors in the U.S. have shown the most interest in RWA crypto, accounting for 14% of the total global interest. Indonesia then Türkiye slotted second and third, representing 10.1% and 8.0% of global interest respectively, with retail interest in both these nations aligned to the entire RWA crypto as a whole rather than for a specific tokenized asset.
In contrast, in the US, the most popular crypto RWA protocol is Ondo Finance (ONDO). ONDO makes up half of the country’s interest in the sector. It’s also worth noting that the US “led interest towards most RWA protocols…
The post RWA Crypto Gains Traction: U.S., Indonesia, Türkiye Show Strong Interest appeared first on Coin Edition.
Source: https://coinedition.com/rwa-crypto-gains-traction-u-s-indonesia-turkiye-show-strong-interest/