Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
Influenced by Trumps upcoming inauguration and a series of potential favorable policies in the United States recently, the cryptocurrency market has once again reached a trading peak, with the price of BTC exceeding US$107,000. In addition to investing large amounts of money in funds such as BTC ETF and ETH ETF, countless investment institutions are also looking for new value growth points.
At the same time, as Binance founder CZ predicted before, the alt season has arrived. In addition to old tokens and Meme coins, L1 public chain tokens are also rising strongly, especially SUI, which has broken new highs one after another. The Sui ecosystem is not only stable in the DeFi sector, but also in the Meme coin sector. In addition, unlike other L1 public chains limited to the crypto market, its recent big move in the RWA sector has also brought new possibilities for attracting liquidity and attention outside the circle.
On December 13, Sui officially announced a partnership with Ant Digits and its Web3 technology brand ZAN. Both parties will introduce RWA (real world assets) in the ESG field into the Sui ecosystem. One is a public chain upstart, and the other is a digital asset pioneer. From this point of view, the two parties will start the RWA Spring for physical assets and bring more possibilities to the crypto market. Odaily Planet Daily will sort out and analyze this in this article.
The best reason to choose RWA: an emerging track with a future scale of up to 30 trillion
The main reason why Sui and Ant Digits chose the RWA sector as a cooperation platform is naturally because it is located at the intersection of TradFi and DeFi, and the potential market size is huge. According to the official website of RWA.xyz , the current on-chain RWA asset scale exceeds US$14 billion, the stablecoin asset scale reaches US$201.77 billion, and there are as many as 116 asset issuers, but compared with the future prospects, there is still more than 100 times the market space.
McKinsey Company, a global consulting firm, said that by 2030, the tokenized asset market (RWA) could reach $4 trillion, and many projects are moving from pilots to large-scale deployment. Colin Butler, head of Polygons global institutional capital, previously said that RWA represents a $30 trillion market opportunity worldwide. High-net-worth individuals and private equity funds will drive adoption in this area because tokenization brings liquidity and accessibility to historically illiquid asset classes. A previous research report by Tren Finance pointed out that if the RWA industry can reach the median expectation of about $10 trillion, its value will increase by more than 54 times from its current value.
RWA.xyz website information
According to the Top Ten Crypto Market Predictions for 2025 previously released by asset management giant Bitwise, by 2025, with the accelerated entry of Wall Street institutions, the RWA market size is expected to reach US$50 billion, and it is likely to grow exponentially from then on; venture capital firm ParaFi predicts that the tokenized RWA market size may grow to US$2 trillion by 2030; and the Global Financial Markets Association predicts that it may reach US$16 trillion. Such hot market expectations naturally attracted a number of world-class giant institutions to rush in:
Goldman Sachs digital asset platform has been officially launched and helped the European Investment Bank issue a two-year digital bond of 100 million euros. In addition, Goldman Sachs has also launched related businesses in cooperation with traditional financial institutions and plans to build its own private chain for asset tokenization.
Siemens Group previously issued its first on-chain digital bond worth 60 million euros, marking the first attempt in the RWA field.
Financial giants such as HSBC, JPMorgan Chase and Citigroup are also exploring the tokenization of government bonds in an attempt to improve financial efficiency and settlement speed.
The current size of the U.S. Treasury RWA market is close to US$3 billion, nearly 30 times the US$100 million at the beginning of 2023. Among them, USYC, launched by Hashnote in cooperation with cryptocurrency custody company Copper, has reached US$880 million in size; BUIDL launched by BlackRock has reached US$560 million in size.
US Treasury RWA Market Information
It is understood that the cooperation between Ant Digits and Sui is mainly to promote the tokenization of ESG-related RWA and expand its reach to global investors through RWA. The underlying assets are new energy assets from a Chinese solar material manufacturer.
As a blockchain ecosystem that has seen its TVL grow more than 14 times to $14 billion this year and has been supported by US asset management giants such as Grayscale and VanEck, Sui sees the RWA market as the next growth point. Jameel Khalfan, head of ecosystem development at Sui Foundation, said: The tokenization of the ESG market is a big step forward for real-world assets. Through this partnership, investors will be able to enter a whole new market, and it all happens on the platform that is best suited for it, Sui.
It can be seen that RWA has become a strategic track that blockchain networks and digital asset institutions value, and its industry value is extremely high.
Dual support for RWA development: endogenous advantages and market demand
Specifically, the strategic significance of the RWA track is reflected in the following three aspects:
Asset transparency and transaction efficiency : By tokenizing physical assets and introducing them into the blockchain network, investors can deeply participate in market transactions by leveraging the transparency of on-chain data and the high efficiency of on-chain operations.
Improved liquidity of physical assets : Based on improved transparency and enhanced security, RWA assets can achieve partial ownership splitting, thereby greatly improving the digital liquidity of physical assets.
Play the role of a bridge between traditional markets and crypto markets : By introducing low-risk, high-return tokenized products, more physical assets and more investors will inject a new wave of liquidity into traditional and crypto markets, revitalizing real-world physical assets while bringing more high-quality targets and capital liquidity to the crypto market.
RWA can represent many different types of traditional assets, including tangible assets and intangible assets. However, RWA in overseas markets is mainly based on bonds and gold.
Why did Sui, the leading blockchain network in the crypto market, choose Chinese new energy assets?
Industry experts pointed out that this reflects the industrial characteristics of China to a certain extent. According to the data of the Prospective Industry Research Institute, the cumulative installed capacity of Chinas new energy industry will reach 1.57 billion kilowatts in 2023, with a five-year compound growth rate of 15.31%. From solar power generation to charging piles and new energy vehicle products, new energy has become Chinas new label. (These new energy assets) have high potential and high growth after being converted into RWA. The above-mentioned person pointed out.
It can be said that the RWA tokenization of physical assets will truly promote the deep coupling of Web3 technology and digital assets, thereby realizing the digital development of real assets.
Looking to the future: RWA market is welcoming new possibilities for diversified development routes
In the past, the development of the RWA track was mainly centered around fixed assets such as U.S. Treasuries, and the asset types and technical routes were relatively single. Thanks to the in-depth cooperation between Ant Digits and its Web3 technology brand ZAN and Sui, the two parties will jointly promote the tokenization of RWA assets on a larger scale, injecting new vitality into the traditional market and the crypto market in terms of technical support, ecological development, and capital introduction.
Through tokenization, traditional assets are transferred from low-liquidity environments to high-liquidity markets, BiFinance Research Institute mentioned in its latest research report. This cooperation will introduce high-quality assets in the ESG field into the blockchain, empower the real economy, and is expected to become a new driving force for the bull market.
Previously, Ant Digits has launched the largest new energy on-chain asset platform in China, a two-chain and one-bridge platform consisting of asset chain, transaction chain and Ant Chain Trusted Cross-Chain Bridge, with more than 12 million devices on the chain; the Web3 product ZAN for overseas markets has also been launched. The total market value of Sui blockchain has reached 13 billion US dollars, and the total locked volume (TVL) has exceeded 18.9 billion US dollars. After the two parties announced their cooperation, Suis price soared 10% in 24 hours, setting a record high.
In the future, with the support of Suis ecosystem, the RWA market of both parties is expected to usher in a new round of expansion. It is foreseeable that the spring of the RWA market is coming.
