現實世界的資產代幣化：炒作還是改變力量？

在 Cointelegraph 的 Hashing It Out 播客的這一集中，主持人 Elisha Owusu Akyaw 與 Mantra Chain 首席執行官 John Mullin 一起深入探討了現實世界資產 (RWA) 代幣化領域。 Mullin 闡述了圍繞 RWA 代幣化的炒作、其對投資者的潛力以及與這項新興技術相關的挑戰。他也探討了代幣化對 Web3 採用的影響、增加機構投資的潛力以及 RWA 領域的監管環境。

Real-World Asset Tokenization: Hype vs. Transformative Power

現實世界的資產代幣化：炒作與改變力量

In the realm of emerging technologies, real-world asset (RWA) tokenization stands poised to revolutionize the investment landscape. Join Cointelegraph's Hashing It Out podcast host Elisha Owusu Akyaw and John Mullin, CEO of Mantra Chain, as they delve into the intricacies of this transformative concept.

在新興技術領域，現實世界資產（RWA）代幣化可望徹底改變投資格局。與 Cointelegraph 的 Hashing It Out 播客主持人 Elisha Owusu Akyaw 和 Mantra Chain 執行長 John Mullin 一起深入探討這項變革性概念的複雜性。

The Tokenization Hype: Fact or Fiction?

代幣化炒作：事實還是虛構？

Mullin, a seasoned executive in the crypto industry, sheds light on the hype surrounding RWA tokenization. He draws parallels to the popularity of security token offerings (STOs) during the 2018–2019 bull market, acknowledging that excitement tends to accompany emerging trends.

Mullin 是加密貨幣行業經驗豐富的高管，他揭示了圍繞 RWA 代幣化的炒作。他將 2018 年至 2019 年牛市期間證券型代幣發行 (STO) 的流行進行了類比，承認新興趨勢往往伴隨著興奮。

However, Mullin emphasizes that the current interest in RWA tokenization is not merely a passing fad. It is propelled by growing institutional appetite and the ability of projects to navigate regulatory hurdles that once hindered STOs.

然而，Mullin 強調，目前對 RWA 代幣化的興趣不僅僅是一時的時尚。不斷增長的機構興趣和計畫克服曾經阻礙 STO 的監管障礙的能力推動了它的發展。

Bridging the Digital and Physical: Rights and Ownership

連結數位和實體：權利和所有權

Tokenization effectively digitizes physical assets, creating a bridge between the digital and physical worlds. Mullin explains that while tokenizing assets is relatively straightforward, granting real-world rights through those tokens is a more complex endeavor.

代幣化有效地將實體資產數位化，在數位世界和物理世界之間架起了一座橋樑。 Mullin 解釋說，雖然資產代幣化相對簡單，但透過這些代幣授予現實世界的權利卻是一項更為複雜的工作。

To create truly transferable tokens, projects must seamlessly merge technology and token creation with real-world ownership, corporate actions, and legal status. This mirroring process enables tokens to reflect and grant the equivalent rights of the underlying physical asset.

為了創建真正的可轉讓代幣，專案必須將技術和代幣創建與現實世界的所有權、公司行為和法律地位無縫整合。這種鏡像過程使代幣能夠反映並授予基礎實體資產的同等權利。

The Jurisdictional Puzzle: Legal Considerations

管轄權之謎：法律考慮

Mullin highlights the intricate legal and regulatory landscape surrounding RWA tokenization. Each asset class and jurisdiction presents its own set of challenges, requiring projects to adapt their approach accordingly. Despite the complexities, Mullin views these challenges as opportunities for innovation and growth.

Mullin 強調了圍繞 RWA 代幣化的複雜的法律和監管環境。每個資產類別和司法管轄區都面臨著自己的一系列挑戰，要求專案相應地調整其方法。儘管存在複雜性，穆林仍將這些挑戰視為創新和成長的機會。

Institutional Appeal: A Gateway to Web3

機構吸引力：通往 Web3 的門戶

Mullin anticipates that RWA tokenization will attract significant institutional interest, offering a gateway to Web3 investment for entities that may be hesitant to engage with more volatile crypto assets. By investing in tokenized real-world assets, institutions can gain exposure to the digital world without straying far from familiar investment territories.

Mullin 預計 RWA 代幣化將吸引大量機構興趣，為那些可能猶豫是否參與波動性更大的加密資產的實體提供 Web3 投資的門戶。透過投資代幣化的現實世界資產，機構可以在不遠離熟悉的投資領域的情況下接觸數位世界。

Long-Term Vision: A Tokenized World

長期願景：代幣化的世界

Mullin believes that tokenization is a transformative force destined to reshape the world. He envisions a future where all aspects of society, from tangible assets to intangible concepts, are represented and exchanged in digital form. In his view, Web3 is the vehicle that will bring the entire world "on-chain."

Mullin 認為，代幣化是一股注定要重塑世界的變革力量。他設想了一個未來，社會的各個方面，從有形資產到無形概念，都以數位形式表示和交換。在他看來，Web3 是將整個世界帶入「鏈上」的工具。

Conclusion

結論

RWA tokenization offers immense potential for revolutionizing the investment landscape. While hype inevitably accompanies emerging technologies, the interest in tokenizing real-world assets is underpinned by solid fundamentals: growing institutional demand and the ability to overcome regulatory barriers. As projects navigate the legal complexities and bridge the digital and physical worlds, RWA tokenization is poised to make a transformative impact on Web3 adoption and beyond.

RWA 代幣化為徹底改變投資格局提供了巨大的潛力。雖然炒作不可避免地伴隨著新興技術，但對現實世界資產代幣化的興趣是由堅實的基本面支撐的：不斷增長的機構需求和克服監管障礙的能力。隨著專案克服法律複雜性並連接數位世界和物理世界，RWA 代幣化有望對 Web3 的採用及其他領域產生變革性影響。