現實世界資產（RWAS）的令牌化沒有顯示放慢速度的跡象

隨著最近的監管發展，Tradfi Capital現在正在湧入Defi。貝萊德的標記財政基金Buidl是最新的例子

The tokenization of real-world assets (RWAs) shows no signs of slowing down as the crypto space has won plenty of institutional hearts and minds over the past year.

現實世界中資產（RWAS）的令牌化沒有顯示出放慢速度的跡象，因為加密貨幣空間在過去一年中贏得了許多機構的心和思想。

With the recent regulatory developments, TradFi capital is now pouring into DeFi, and BlackRock’s tokenized treasury fund, BUIDL, is the latest example of this largesse. The fund, which grants investors exposure to RWAs like US Treasury bills, cash, and repurchase agreements on multiple chains, recently blew past $1 billion. Tokenized treasuries alone are now worth an eye-popping $4.4 billion.

隨著最近的監管發展，Tradfi Capital現在正在湧入DEFI，而BlackRock的標記財政基金Buidl是此龐大的最新例子。該基金授予投資者向RWAS的投資，例如美國國債賬單，現金和回購一項關於多個連鎖店的協議，最近炸毀了10億美元。僅憑令牌紀念品現在就價值高達44億美元。

As all sorts of assets are bought and sold on-chain, from real estate and bonds to precious metals and intellectual property, investors are now rushing to explore the RWA trading.

隨著各種資產的購買和出售，從房地產和債券到貴金屬和知識產權，投資者現在急於探索RWA交易。

While this sector is growing, investors are now looking out which platforms are live right now, and give investors the opportunity to participate in the RWA revolution?

儘管該行業不斷增長，但投資者現在正在尋找哪些平台現在正在使用，並使投資者有機會參加RWA革命？

Here’s a rundown of five of the best real-world assets (RWA) trading platforms;

這是五個最佳現實世界資產（RWA）交易平台中的收穫；

Top 5 Platforms For Trading Real-World Assets (RWA)

交易現實世界資產（RWA）的前5個平台

Ethena

伊甸

Ethena is an Ethereum-based synthetic dollar protocol whose flagship asset, the delta-neutral USDe, benefits from the liquidity of a stablecoin while being backed by the volatility of BTC, ETH, and short futures positions.

Ethena是一種基於以太坊的合成美元協議，其旗艦資產（Delta-Neutral USDE）受益於穩定的流動性，同時受到BTC，ETH和短期期貨職位的波動的支持。

If that all sounds a bit difficult to grasp, don’t worry: it’s not so complex when you get right down to it. While USDe lets investors pocket returns by buying spot BTC/ETH and shorting perpetual swaps on exchanges, Ethena’s other stablecoin, USDtb, is backed by tokenized Blackrock money-market fund shares.

如果這聽起來很難掌握，請不用擔心：當您直到它到達時，它並不那麼複雜。儘管USDE讓投資者可以通過購買現貨BTC/ETH和在交易所上的短暫交換來允許投資者的回報，但Ethena的其他Stablecoin USDTB得到了代幣化的BlackRock Money-Marke-Market Fund股份的支持。

Interestingly, the protocol has both on- and off-chain components, with the former encompassing smart contracts enabling the minting, redeeming, staking, and unstaking of USDe and the latter including services which handle the delta hedging positions for deposited backing assets.

有趣的是，該協議具有鍊鍊和鏈接組件，前者涵蓋了智能合約，從而使USDE的鑄造，贖回，股權和拆卸以及後者包括處理Delta Hedging職位的服務，以用於存款的備用資產。

Recently, Ethena joined forces with Securitize to launch Converge, a dedicated, EVM-compatible blockchain for tokenizing RWAs and supporting Ethena’s stablecoins.

最近，埃塞納（Ethena）以證券化的方式聯手推出，這是一個專門的，與EVM兼容的區塊鏈，用於令牌化RWAS和支持Ethena的Stablecoins。

INX

INX is a U.S.-regulated platform that combines crypto, security tokens, and premium RWAs backed 1:1 by the underlying assets – among them tokenized shares of publicly traded giants like Google, Tesla, and Microsoft. INX has even tokenized heavyweights like the S&P 500 ETF and BlackRock’s iShares Treasury ETF, and was responsible for the first SEC-registered security token ($INX) back in 2020.

INX是一個由美國監管的平台，結合了加密代幣，安全令牌和Premium RWAS由基礎資產支持1：1，其中包括Google，Tesla和Microsoft等公開交易巨頭的標記股票。 INX甚至像標準普爾500 ETF和BlackRock的Ishares財政ETF一樣，都具有像徵性的重量級，並負責2020年第一個SEC登記的安全令牌（$ inx）。

Having clocked $40 million in RWA and security token volume in 2024, INX is putting on the afterburners and striving to be the ‘face’ of the tokenized RWA scene. Based on recent milestones, you wouldn’t bet against it. Popular upgrades over the last year include the introduction of credit card deposits and a Buy Assets feature that simplifies investment.

INX在2024年獲得了4000萬美元的RWA和安全令牌量後，正在燃燒燃燒器，並努力成為令牌化RWA場景的“面孔”。根據最近的里程碑，您不會押注它。過去一年中流行的升級包括引入信用卡存款和簡化投資的買入資產功能。

MANTRA

咒語

MANTRA is a regulatory-friendly, multi-asset platform that leverages the Inter-Blockchain Communication (IBC) protocol. It is on a mission to bring the global financial system on-chain.

Mantra是一個利用障礙鏈通信（IBC）協議的對監管友好的多資產平台。它的使命是將全球金融體系紮起來。

Being a layer-1 chain, MANTRA is already making headway with its Central Limit Order Book (CLOB) DEX, which empowers investors to trade tokenized TradFi goodies like debt, equities, fractionalized real estate, and U.S. treasury-backed securities. Its Google Cloud-backed RWAccelerator, meanwhile, offers funding, mentorship, and AI smarts to the next generation of RWA projects.

作為一層鏈條，Mantra已經通過其中央限制訂單（CLOB）DEX取得了進步，該書使投資者能夠交易債務，股票，股票，分數房地產和美國財政支持的證券（如債務，股票，分數化房地產）。與此同時，它的Google雲支持的Rwaccelerator為下一代RWA項目提供資金，指導和AI Smarts。

Last year, MANTRA raised $11 million as it set about winning the RWA arms race. Its founder John Patrick Mullin claims that the project wants to be seen as the “layer of recognition for all the settlement of real-world assets.”

去年，曼特拉（Mantra）籌集了1100萬美元，旨在贏得RWA軍備競賽。它的創始人約翰·帕特里克·穆林（John Patrick Mullin）聲稱，該項目希望被視為“所有現實資產結算的認可層”。

Pendle

彭德爾

Yield optimization protocol Pendle dropped its first product based on RWAs – MakerDAO’s Boosted Dai Savings (sDAI) and Flux Finance’s fUSDC stablecoin, both of which generate yield from TradFi sectors – in 2023. Since then, it’s positioned itself as a gateway to tokenized real-world assets for those wishing to fix or leverage their yield.

pendle的產量優化協議放棄了基於RWAS的第一個產品 - Makerdao的增強的Dai儲蓄（SDAI）和Flux Finance的Fusdc Stablecoin，這兩種產品都來自Tradfi部門（2023年）。此後，它可以定位於那些願望的願望或屈服於這些願望或屈服於這些願望或屈服的門戶，即可固定自己的能力或能夠屈服於彎腰或屈服於彎腰或屈服於良好的折扣。

Among other notable features Pendle splits an asset’s principal and yield, meaning users get to trade future yields on assets like bonds separately from the base value.

Pendle在其他值得注意的功能中拆分了資產的本金和收益率，這意味著用戶可以在債券（如債券）上與基本價值分開交易未來的收益率。

They can also take advantage of TradFi tools like interest rate derivatives, swaps, and fixed income to help them manage yield. In short, Pendle unlocks sophisticated strategies for TradFi and DeFi maxis alike, bringing greater recognition to RWAs as tradable commodities.

他們還可以利用Tradfi工具（例如利率衍生品，掉期和固定收益）來幫助他們管理收益率。簡而言之，Pendle為Tradfi和Defi Maxis都解開了複雜的策略，從而使RWAs成為可貿易商品的更高認可。

Final words

最後一句話

With the total value of RWAs locked in DeFi now exceeding $10 billion, this is a revolution that seems set

隨著RWA的總價值鎖定在DEFI中現在超過100億美元，這似乎是一場革命