The 2025 RWA track is really here
This article delves into the current developments and future trends of real-world asset (RWA) tokenization. Although RWA is not a new concept, its development has reached a critical turning point with the maturation of on-chain infrastructure and the involvement of traditional financial institutions. The article analyzes the core obstacles in the promotion of RWA from three aspects: technical challenges, regulatory issues, and commercial implementation, highlighting issues such as "insufficient credibility of off-chain data, unclear regulations, and lack of liquidity drivers."