According to ME News, on December 18th (UTC+8), data from CoinFoundry showed:
- Commodity market capitalization: $3.72 billion
- Market value of government bonds: US$1.21 billion
- Market capitalization of institutional funds: US$2.83 billion
- Private lending market capitalization: US$28.32 billion
- Market value of US Treasury bonds: $8.97 billion
- Market value of corporate bonds: $260 million
- Stablecoin market capitalization: $321.51 billion
- X-Stock's market capitalization: $620 million
Market Dynamics:
- Exodus partners with MoonPay to develop USD stablecoin
- SBI Ripple Asia partners with Doppler Finance to explore XRP-based yield infrastructure and RWA tokenization, promoting institutional-grade finance on XRPL with stablecoins as the core settlement layer.
- The Pakistani government has allowed Binance and HTX Global to begin exploring tokenization projects involving up to $2 billion in national assets. This represents a significant step forward in sovereign-level RWA tokenization, propelling the implementation of on-chain finance at the national level.
Summarize:
While the overall market capitalization of cryptocurrencies has declined, no single explosive event has occurred in the RWA space. However, technological upgrades, institutional outlooks, and community dynamics have collectively reinforced the core narrative of tokenization. (Source: ME)
