美國需要建立圍繞高度安全的令牌RWA建立競爭性護城河以保持競爭力

美國需要建立圍繞高度安全的令牌現實世界資產（RWA）建立競爭性護城河以保持競爭力

The United States needs to establish a competitive moat around highly secure tokenized real-world assets (RWAs) to remain competitive in the age of borderless, permissionless finance, according to Chainlink (LINK) co-founder Sergey Nazarov.

根據Chainlink（Link）聯合創始人Sergey Nazarov的說法，美國需要建立圍繞高度安全的令牌現實世界資產（RWA）建立競爭性護城河，以在無邊界，無許可的財務時代保持競爭力。

In an interview with Cointelegraph’s Turner Wright at the Digital Asset Summit in New York, Nazarov said that blockchain is a global phenomenon that relies on open-source software and distributed technology, unlike previous technological shifts.

納扎羅夫（Nazarov）在紐約數字資產峰會上對Cointelegraph的特納·賴特（Turner Wright）的採訪時說，區塊鍊是一種全球現象，依賴開源軟件和分佈式技術，這與先前的技術變化不同。

The executive added that the shift to online commerce, which gave the US a competitive advantage due to a five- to 10-year head start on the development of internet infrastructure, is not applicable in the age of digital finance. The executive told Cointelegraph:

高管補充說，轉向在線商務，這給美國帶來了競爭優勢，這是由於互聯網基礎設施的開發五到十年，在數字金融時代不適用於互聯網基礎設施的開發。高管告訴Cointelegraph：

Real-world tokenized assets could become a $100-trillion market in the coming years, as the world’s assets come onchain, the Chainlink executive predicted.

ChainLink高管預測，隨著世界資產的到來，現實世界中的標記資產可能會成​​為未來幾年的100億美元市場。

Sergey Nazarov takes part in a panel at the 2025 Digital Asset Summit. Source: Turner Wright/Cointelegraph

Sergey Nazarov參加了2025年數字資產峰會的小組。資料來源：Turner Wright/Cointelegraph

Related: Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

相關：Ethena Labs，用於DEFI和令牌資產的證券化發射區塊鏈

Tokenized RWAs reach all-time highs

令牌的RWA達到歷史最高點

According to RWA.xyz, real-world tokenized assets, excluding stablecoins, hit an all-time high in 2025, topping $18.8 billion.

根據RWA.XYZ的說法，不包括Stablecoins不包括Stablecoins，在2025年達到了歷史最高高位，高達188億美元。

Private credit took up the lion’s share of the total RWA market capitalization, with over $12.2 billion in tokenized private credit instruments pervading the market at the time of this writing.

私人信貸佔據了RWA總計資本化總計的占主導地位，在撰寫本文時，遍布市場的代幣化私人信貸工具超過122億美元。

Total tokenized real-world assets, excluding stablecoins. Source: RWA.xyz

總代幣現實世界中的資產，不包括Stablecoins。資料來源：rwa.xyz

Asset tokenization can make previously illiquid asset classes, such as real estate, more liquid, eliminating the illiquidity discount inherent in physical properties.

資產令牌化可以使以前的流動性資產類別，例如房地產，更多的流動性，消除了物理特性固有的流動性折扣。

In February, Polygon (MATIC) CEO Marc Boiron told Cointelegraph that tokenizing real estate could fractionalize ownership, eliminate intermediaries, and lower settlement costs —transforming the slow-moving sector.

2月，Polygon（Matic）首席執行官Marc Boiron告訴Cointelegraph，Spikenizing Real Estate可以將所有權分組，消除中介機構和降低和解成本 - 轉移緩慢移動的部門。

This real estate overhaul can be seen in Turkey, with projects such as Lumia Towers, a 300-unit mixed-use commercial real estate development that was tokenized using Polygon’s technology.

這項房地產大修可以在土耳其看到，其中包括Lumia Towers之類的項目，Lumia Towers是一種使用Polygon的技術進行標記化的300個單元混合使用商業房地產開發。

It’s also taking place in the United Arab Emirates, which is considered one of the hottest property markets in the world. Proactive digital asset regulations are driving a tokenized RWA boom in the Gulf state as institutional investors and developers flock to tokenization as an alternative method of capital formation.

它也發生在阿拉伯聯合酋長國，這被認為是世界上最熱門的房地產市場之一。作為機構投資者和開發商湧向令牌化，積極主動的數字資產法規正在推動海灣州的令牌化RWA繁榮。

Magazine: Real life yield farming: How tokenization is transforming lives in Africa

雜誌：現實生活產生農業：代幣化如何改變非洲的生命