# RWA — X 热门讨论 (2026-09-25 18:23 UTC)
## @Ucan_Coin (𝖀𝖈𝖆𝖓) · 09-25 17:30 · ♥69 ↻6 💬31 RWA is moving beyond tokenization.
For a while, the basic idea behind RWA was pretty simple:
Take a real world asset, tokenize it and bring it onchain.
But I don’t think that’s enough anymore.
There’s a big difference between an asset simply being onchain and actually being used there.
That’s where RWA starts to get much more interesting.
𝑹𝑾𝑨 𝟏.𝟎 → 𝑻𝒐𝒌𝒆𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏
𝑹𝑾𝑨 𝟐.𝟎 → 𝑻𝒐𝒌𝒆𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏 + 𝑫𝒆𝑭𝒊
A tokenized Treasury, private credit product, stock or another real world asset won’t just sit there.
It can be used as collateral, borrowed against, connected to different DeFi apps and become part of onchain liquidity.
For this to work, several different parts of the infrastructure need to work together.
1- 𝑻𝒐𝒌𝒆𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏 𝒂𝒏𝒅 𝒊𝒔𝒔𝒖𝒂𝒏𝒄𝒆
I don’t think $ONDO is the only name worth looking at here.
Alongside $ONDO, there are names like Centrifuge, Securitize, Superstate, Backed and Maple building different models around this market.
Each one is bringing a different part of RWA onto the blockchain.
2- 𝑫𝒂𝒕𝒂 𝒂𝒏𝒅 𝒑𝒓𝒊𝒄𝒊𝒏𝒈
If a tokenized asset is going to be used in DeFi, it needs reliable price data.
This is where oracle infrastructure like $LINK and $PYTH comes in, while names like RedStone are also working on the data side of RWA.
3- 𝑹𝒊𝒔𝒌 𝒂𝒏𝒅 𝒄𝒓𝒆𝒅𝒊𝒕 𝒊𝒏𝒇𝒓𝒂𝒔𝒕𝒓𝒖𝒄𝒕𝒖𝒓𝒆
As more RWA moves into DeFi, risk becomes a much bigger part of the equation.
How reliable is the tokenized asset?
How much can be borrowed against it?
What do the liquidity conditions look like?
Names like Credora, Gauntlet, Steakhouse Financial and Sentora could play a bigger role here.
4- 𝑪𝒖𝒔𝒕𝒐𝒅𝒚 𝒂𝒏𝒅 𝒊𝒏𝒔𝒕𝒊𝒕𝒖𝒕𝒊𝒐𝒏𝒂𝒍 𝒊𝒏𝒇𝒓𝒂𝒔𝒕𝒓𝒖𝒄𝒕𝒖𝒓𝒆
As tokenization grows, where and how the underlying assets are held will remain important.
As more institutional capital moves onchain, custody, compliance and settlement infrastructure could become even more important.
5- 𝑪𝒐𝒏𝒏𝒆𝒄𝒕𝒊𝒏𝒈 𝒅𝒊𝒇𝒇𝒆𝒓𝒆𝒏𝒕 𝒄𝒉𝒂𝒊𝒏𝒔
RWA won’t stay on one blockchain forever either.
These assets need to work across different ecosystems.
That makes interoperability solutions like $LINK, $ZRO, and $AXL an important part of the infrastructure.
And this is where all these pieces come together.
𝑻𝒉𝒆 𝒐𝒍𝒅 𝒎𝒐𝒅𝒆𝒍:
Asset → Tokenize → Bring it onchain
𝑻𝒉𝒆 𝒏𝒆𝒘 𝒎𝒐𝒅𝒆𝒍:
Tokenized Asset → Collateral → Borrow → DeFi → Liquidity
At this point, RWA and DeFi are no longer two completely separate narratives.
𝑹𝑾𝑨𝒇𝒊 comes from this exact intersection.
For example, Centrifuge’s tokenized assets being used as collateral through Morpho shows that this is already moving beyond just an idea.
This also gives DeFi names like Morpho, Aave, Euler, Sky, Pendle, Maple and Kamino a way to benefit from RWA growth in different ways.
On the ecosystem side, I’m also keeping an eye on Ethereum, along with Avalanche, Base and Plume.
Because as RWA grows, it won’t just be the tokenization projects that benefit. The financial infrastructure built around these assets can benefit too.
The first phase brought real world assets onchain.
Now we’re seeing these assets move toward collateral, borrowing and liquidity inside DeFi.
I think the real RWA 2.0 story is less about tokenizing these assets and more about putting them to work across finance. https://x.com/Ucan_Coin/status/2103537748108079261
## @Abba_bakaji_ (𝔸฿฿𝔸𝕂₳ℝ ☠︎☾︎☽︎) · 09-25 16:54 · ♥51 ↻4 💬43 Good Night 🦅
gRvh Fam 🦅
Ravenhood is taking a diversified approach to treasury management. 🦅
The latest DeFiLlama update shows the treasury spread across DeFi and RWA markets:
• WETH — 50.98% • LUTE — 17.66% • UP — 4.69% • SPY, INDEX, NVDA, USO, AAPL & GOOGL — ~18% • Plus USDG, SLV, GIGA and others
What stands out is the diversification across crypto, DeFi and tokenized real-world assets.
One treasury. Multiple markets. Capital at work.
@RVHProtocol $RVH #Ravenhood https://x.com/Abba_bakaji_/status/2103528687530307726
## @Degenweb3play (AWAKE 🐳) · 09-25 15:01 · ♥43 ↻0 💬57 Weekend mode activated 😌🌍
Good food, good music, some rest… and a little time to look at projects that actually have an interesting story.
@crystalstones01 is one I keep coming back to.
Africa’s natural resources + RWA + blockchain. 💎
The vision is simple: connect real-world value with the digital economy.
Worth taking a closer look this weekend.
$CRYSTALSTONES CA: "0xe252FCb1Aa2E0876E9B5f3eD1e15B9b4d11A0b00" https://x.com/Degenweb3play/status/2103500173993247041
## @the_smart_ape (The Smart Ape 🔥) · 09-25 14:06 · ♥52 ↻5 💬4 this is what a good rwa project looks like to me.
a business model that has worked for decades, now onchain and accessible through @virtuals_io.
the model is simple: buy large plots of land, subdivide them, add utilities and infrastructure, then sell the lots individually. through the token, users participate in the team's products that give; access, reward and govern.
no complicated narrative, just a real-world cash flow that's been proven over and over.
keeping an eye on this one.
https://t.co/j8bb6NHOJy > 引用 @Arvo_Protocol: The staking, participation and governance layer of ARVO has launched on Robinhood Chain with @Virtuals_io
$ARVO is the core engine behind the ARVO ecosystem, facilitating access, transparency and rewards within our RWA suite.
Experienced business and existing infrastructure migrating onchain.
CA: 0x6457dA6FCA3C807b7f430770DbBe8aB5a767234A
Tax: 98 minutes anti-sniper tax
Virtuals: https://t.co/KiuGVbAw6B https://x.com/the_smart_ape/status/2103486185754726824