美国需要建立围绕高度安全的令牌RWA建立竞争性护城河以保持竞争力

美国需要建立围绕高度安全的令牌现实世界资产（RWA）建立竞争性护城河以保持竞争力

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.

根据Chainlink（Link）联合创始人Sergey Nazarov的说法，美国需要建立围绕高度安全的令牌现实世界资产（RWA）建立竞争性护城河，以在无边界，无许可的财务时代保持竞争力。

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.

纳扎罗夫（Nazarov）在纽约数字资产峰会上对Cointelegraph的特纳·赖特（Turner Wright）的采访时说，区块链是一种全球现象，依赖开源软件和分布式技术，这与先前的技术变化不同。

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:

高管补充说，转向在线商务，这给美国带来了竞争优势，这是由于互联网基础设施的开发五到十年，在数字金融时代不适用于互联网基础设施的开发。高管告诉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高管预测，随着世界资产的到来，现实世界中的标记资产可能会成​​为未来几年的100亿美元市场。

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

Sergey Nazarov参加了2025年数字资产峰会的小组。资料来源：Turner Wright/Cointelegraph

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

相关：Ethena Labs，用于DEFI和令牌资产的证券化发射区块链

Tokenized RWAs reach all-time highs

令牌的RWA达到历史最高点

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

根据RWA.XYZ的说法，不包括Stablecoins不包括Stablecoins，在2025年达到了历史最高高位，高达188亿美元。

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.

私人信贷占据了RWA总计资本化总计的占主导地位，在撰写本文时，遍布市场的代币化私人信贷工具超过122亿美元。

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

总代币现实世界中的资产，不包括Stablecoins。资料来源：rwa.xyz

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

资产令牌化可以使以前的流动性资产类别，例如房地产，更多的流动性，消除了物理特性固有的流动性折扣。

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）首席执行官Marc Boiron告诉Cointelegraph，Spikenizing Real Estate可以将所有权分组，消除中介机构和降低和解成本 - 转移缓慢移动的部门。

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.

这项房地产大修可以在土耳其看到，其中包括Lumia Towers之类的项目，Lumia Towers是一种使用Polygon的技术进行标记化的300个单元混合使用商业房地产开发。

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.

它也发生在阿拉伯联合酋长国，这被认为是世界上最热门的房地产市场之一。作为机构投资者和开发商涌向令牌化，积极主动的数字资产法规正在推动海湾州的令牌化RWA繁荣。

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

杂志：现实生活产生农业：代币化如何改变非洲的生命