According to ME News, on January 8th (UTC+8), data from CoinFoundry showed:
- Market capitalization of commodities: US$4.13 billion
- Market value of government bonds: US$1.32 billion
- Market capitalization of institutional funds: US$2.93 billion
- Private lending market capitalization: $35.75 billion
- Market value of US Treasury bonds: $9.02 billion
- Market value of corporate bonds: US$260 million
- X-Stock's market capitalization: $620 million
Market Dynamics:
- According to The Wall Street Journal, Trump's World Liberty is seeking a U.S. banking license, which could expand the cryptocurrency company's financial services offerings.
- Bitwise Advisors' Analysis of Morgan Stanley's Bitcoin ETF Launch: Positive for Bitcoin, Significant Unmet Demand Remains in the Market
- Chinese regulators have issued a new risk warning, explicitly stating that using RWA tokenization to circumvent cross-border capital controls and conduct illegal fundraising constitutes illegal crypto activity, and emphasizing that domestic institutions are strictly prohibited from participating in such token issuances.
- Lloyds Banking Group announced the successful on-chain purchase of gilt bonds using tokenized deposits.
- a16z crypto led a new funding round for Babylon Labs, aimed at bringing secure liquidity of Bitcoin to the RWA collateralized lending market.
Summarize:
While the RWA market faces regulatory pressure in some regions, global systemically important banks (G-SIBs), represented by Lloyds and Barclays, are accelerating the inclusion of RWAs in their balance sheets. The overall market not only maintains a high total value of assets (TVL), but also exhibits a strong "institutionalization" tendency in terms of legal compliance and financial infrastructure integration. (Source: ME)
