真实世界资产（RWA）令牌化颠覆了2025年的加密货币世界

RWAS中的总价值锁定（TVL）超过了100亿美元，这标志着将现实世界中的资产带入更快的定居点的增长趋势

The year 2025 saw a major shift in the cryptocurrency world with the rise of Real-World Asset (RWA) tokenization, bringing traditional assets like real estate and stocks into the world of decentralized finance (DeFi).

2025年，随着现实资产（RWA）令牌的兴起，加密货币界发生了重大转变，将房地产和股票等传统资产带入了分散的金融世界（DEFI）。

The total value locked (TVL) in RWAs crossed $10 billion, highlighting the growing trend towards tokenizing real-world assets for faster settlements, fractional ownership, and 24/7 trading.

RWAS中的总价值锁定（TVL）越过了100亿美元，突出了将现实世界中的资产带入更快的定居点，分数所有权和24/7交易的日益增长的趋势。

Major players like Maker, BlackRock’s BUIDL, and Ethena’s USDtb each clocked over $1 billion in TVL, with USDtb seeing a remarkable 1,000% TVL growth last month.

像Maker，BlackRock的Buidl和Ethena的USDTB这样的主要参与者都超过10亿美元的TVL，上个月USDTB看到了1,000％的TVL增长。

BlackRock is now the largest tokenized RWA. Hashnote, the issuer of a tokenized money market fund acquired by Circle in January, ranks second with nearly $900 million, displaying the biggest one-year change.

贝莱德现在是最大的令牌RWA。 Hashnote是Circle在一月份获得的代币化货币市场基金的发行人，其排名第二，近9亿美元，显示为一年最大的变化。

Treasury-backed tokens hit a record $4.26 billion in Q1, led by Ondo Finance’s OUSG and USDY, followed by BlackRock and Securitize’s BUIDL, Franklin Templeton’s BENJI, and Superstate’s USTB. Tokenized commodities follow at $1.26 billion, with Paxos Gold leading at over $500 million in TVL.

由国库券的代币在第1季度创下了创纪录的42.6亿美元，由Ondo Finance的OUSG和USDY领导，其次是Blackrock和Securitize的Buidl，Franklin Templeton的Benji和Superstate的USTB。标记商品的次数为12.6亿美元，Paxos Gold在TVL中达到了超过5亿美元。

The top RWA crypto projects are Mantra, which hit an all-time high on Feb. 23, and ONDO. PENDLE, once a top 100 player, has dropped to 131 in 2025.

最高的RWA加密项目是咒语，该咒语在2月23日和Ondo的历史最高点。彭德尔（Pendle）曾经是前100名球员，在2025年跌至131。

Crypto analyst rektdiomedes remains extremely bullish on RWAs, especially Maple Finance, predicting a major growth in securitization and capital market infrastructure within the crypto industry. If the trend continues, Maple Finance could benefit greatly, as it specializes in institutional credit and on-chain capital markets.

加密分析师Rektdiomedes对RWA，尤其是Maple Finance仍然非常看好，预测加密行业内证券化和资本市场基础设施的主要增长。如果这种趋势继续下去，枫树融资将大大受益，因为它专门从事机构信贷和链上资本市场。

Besides, RWA Inc. and Novastro are bringing AI-driven solutions for better security and compliance in their partnership.

此外，RWA Inc.和Novastro正在带来AI驱动的解决方案，以提高其合作伙伴关系的安全和合规性。

This shift is seen as a key moment for DeFi, making financial markets more accessible and efficient, with predictions that RWAs could become dominant in the sector.

这种转变被视为Defi的关键时刻，使金融市场更容易获得和高效，并预测RWA可能在该行业中占主导地位。

The DeFi Investor also recently shared that the total value of RWAs has doubled in the past year, now surpassing $18 billion, with most of that value coming from Private Credit.

Defi投资者最近还分享说，RWA的总价值在过去一年中增加了一倍，现在超过了180亿美元，其中大部分价值来自私人信贷。

The total RWA value doubled in the past 12 months alone.Real-World Assets is the fastest growing crypto sector and it's not slowing down anytime soon.

仅在过去的12个月中，RWA的总价值就翻了一番。Real-World资产是增长最快的加密货币行业，并且不会很快放慢速度。

The total RWA value has doubled in the past 12 months alone.

仅在过去的12个月中，RWA的总价值就翻了一番。

Real-World Assets is the fastest growing crypto sector and it's not slowing down anytime soon.

现实世界中的资产是增长最快的加密货币领域，并且不会很快放慢速度。

The DeFi Investor 🧭 (@TheDeFiInvestor) April 10, 2024

2024年4月10日，Defi投资者🧭（@ThedeFiinVestor）

This year, we'll see more sustainable assets, like renewable energy projects and carbon credits, being tokenized, which is an exciting development, according to Lang, CEO of HashKey OTC.

Hashkey OTC首席执行官Lang表示，今年，我们将看到更多可持续资产，例如可再生能源项目和碳信用额，这是令人兴奋的发展。

RWA's are now also being integrated with Layer-1 and Layer-2 blockchain solutions to improve scalability and lower transaction costs, addressing major hurdles to adoption.

RWA现在还与第1层和第2层区块链解决方案集成在一起，以提高可扩展性和降低交易成本，从而解决了采用的主要障碍。

While he notes that a potential bear market could present challenges, he believes that RWAs are more incombustible than other speculative assets.

尽管他指出潜在的熊市可能会带来挑战，但他认为RWA比其他投机性资产更容易固定。

Ultimately, he says that whether RWA's outpace DeFi depends on seeing more swift institutional adoption and clear regulations.

最终，他说，RWA的超越空间Defi是否取决于看到更多迅速的机构采用和明确的法规。