现实世界资产（RWAS）的令牌化没有显示放慢速度的迹象

随着最近的监管发展，Tradfi Capital现在正在涌入Defi。贝莱德的标记财政基金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.

现实世界中资产（RWAS）的令牌化没有显示出放慢速度的迹象，因为加密货币空间在过去一年中赢得了许多机构的心和思想。

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.

随着最近的监管发展，Tradfi Capital现在正在涌入DEFI，而BlackRock的标记财政基金Buidl是此庞大的最新例子。该基金授予投资者向RWAS的投资，例如美国国债账单，现金和回购一项关于多个连锁店的协议，最近炸毁了10亿美元。仅凭令牌纪念品现在就价值高达44亿美元。

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.

随着各种资产的购买和出售，从房地产和债券到贵金属和知识产权，投资者现在急于探索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?

尽管该行业不断增长，但投资者现在正在寻找哪些平台现在正在使用，并使投资者有机会参加RWA革命？

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

这是五个最佳现实世界资产（RWA）交易平台中的收获；

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

交易现实世界资产（RWA）的前5个平台

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是一种基于以太坊的合成美元协议，其旗舰资产（Delta-Neutral USDE）受益于稳定的流动性，同时受到BTC，ETH和短期期货职位的波动的支持。

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.

如果这听起来很难掌握，请不用担心：当您直到它到达时，它并不那么复杂。尽管USDE让投资者可以通过购买现货BTC/ETH和在交易所上的短暂交换来允许投资者的回报，但Ethena的其他Stablecoin USDTB得到了代币化的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，该协议具有链链和链接组件，前者涵盖了智能合约，从而使USDE的铸造，赎回，股权和拆卸以及后者包括处理Delta Hedging职位的服务，以用于存款的备用资产。

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

最近，埃塞纳（Ethena）以证券化的方式联手推出，这是一个专门的，与EVM兼容的区块链，用于令牌化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是一个由美国监管的平台，结合了加密代币，安全令牌和Premium RWAS由基础资产支持1：1，其中包括Google，Tesla和Microsoft等公开交易巨头的标记股票。 INX甚至像标准普尔500 ETF和BlackRock的Ishares财政ETF一样，都具有象征性的重量级，并负责2020年第一个SEC登记的安全令牌（$ 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年获得了4000万美元的RWA和安全令牌量后，正在燃烧燃烧器，并努力成为令牌化RWA场景的“面孔”。根据最近的里程碑，您不会押注它。过去一年中流行的升级包括引入信用卡存款和简化投资的买入资产功能。

MANTRA

咒语

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是一个利用障碍链通信（IBC）协议的对监管友好的多资产平台。它的使命是将全球金融体系扎起来。

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.

作为一层链条，Mantra已经通过其中央限制订单（CLOB）DEX取得了进步，该书使投资者能够交易债务，股票，股票，分数房地产和美国财政支持的证券（如债务，股票，分数化房地产）。与此同时，它的Google云支持的Rwaccelerator为下一代RWA项目提供资金，指导和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）筹集了1100万美元，旨在赢得RWA军备竞赛。它的创始人约翰·帕特里克·穆林（John Patrick Mullin）声称，该项目希望被视为“所有现实资产结算的认可层”。

Pendle

彭德尔

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的产量优化协议放弃了基于RWAS的第一个产品 - Makerdao的增强的Dai储蓄（SDAI）和Flux Finance的Fusdc Stablecoin，这两种产品都来自Tradfi部门（2023年）。此后，它可以定位于那些愿望的愿望或屈服于这些愿望或屈服于这些愿望或屈服的门户，即可固定自己的能力或能够屈服于弯腰或屈服于弯腰或屈服于良好的折扣。

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资产的本金和收益率，这意味着用户可以在债券（如债券）上与基本价值分开交易未来的收益率。

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.

他们还可以利用Tradfi工具（例如利率衍生品，掉期和固定收益）来帮助他们管理收益率。简而言之，Pendle为Tradfi和Defi Maxis都解开了复杂的策略，从而使RWAs成为可贸易商品的更高认可。

Final words

最后一句话

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

随着RWA的总价值锁定在DEFI中现在超过100亿美元，这似乎是一场革命