Real World Assets (RWA) Explained: Top Promising Projects to Watch
The Blockchain market is a relatively new industry with significant growth potential. However, the real-world application of Blockchain and Crypto technologies is currently limited. A prime example is DeFi (Decentralized Finance), which primarily supports crypto assets, facilitating their circulation within the Blockchain space.
DeFi is a rapidly expanding open financial market. Beginning with modest figures in 2018, its Total Value Locked (TVL) has now reached approximately $40 billion. While this figure might not be substantial for a financial market of its scale, it clearly demonstrates the viability and rapid growth trajectory of this open financial paradigm.