Been seeing lots of RWA projects lately, especially around private credit.
The biggest question I ask is are internet capital markets (aka crypto investors) getting adversely selected? Are these assets coming onchain because no one in tradfi wants to touch them?
The timing says a lot.
Right when TradFi private credit is having its worst month in a decade is exactly when onchain private credit is growing 180% YoY.
Iykyk
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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