Report Projects Significant Growth in Real-World Asset Tokenization Market
Report Projects Significant Growth in Real-World Asset Tokenization Market
🚀 Tokenized Assets Boom?
A report by Boston Consulting Group forecasts that the on-chain real-world asset (RWA) market could reach between $4 trillion and $16 trillion by 2030. RWAs are tangible or intangible assets that are tokenized and represented as digital tokens on the blockchain, with their performance derived from sources outside the blockchain. The report outlines two main ways of tokenizing RWAs: non-native tokens, where on-chain tokens represent off-chain assets, and native tokens, where the on-chain token itself acts as the RWA. The report includes a list of companies creating RWAs in the crypto space.
What are Real World Assets #RWA A 🧵 According to a report by Boston Consulting Group, the on-chain RWA market is projected to reach US$4 trillion to US$16 trillion by 2030. Real-world assets (RWAs) utilise #blockchain to track assets, with performance derived from sources
⚽ Round 7 Opens
**Crypto.com launches Round 7** of its League Royale Campaign running December 1-15. **Prizes available:** - Up to $1,000 in $CRO rewards - First Class UEFA Champions League tickets (EU traders only) **Entry requirements:** - Purchase minimum $50 worth of $CRO tokens - Climb the campaign leaderboard This continues Crypto.com's ongoing UEFA Champions League partnership, following previous rounds that offered match predictions, digital collectibles, and exclusive fan experiences. [Full details and participation](https://crypto.onelink.me/J9Lg/2jx1tayz)
MON App Campaign Ends Tomorrow - Last Chance for $10 BTC Prize
The **MON App Campaign** concludes tomorrow, offering participants a final opportunity to win $10 in Bitcoin. **Campaign Requirements:** - Deposit or purchase $50+ worth of $MON tokens - Only top 2,000 users ranked by Net Gains will win - Each winner receives $10 in BTC This follows similar campaigns for BTC and SOL tokens, both offering $20,000 ETH prize pools with the same $50 minimum requirement and top 2,000 winner structure. **Time is running out** - users have less than 24 hours to participate and secure their ranking among the top performers. [View full terms and conditions](https://crypto.onelink.me/J9Lg/l3t25yrr)
🏦 Grayscale Launches DOGE and XRP ETFs
**Grayscale's DOGE and XRP ETFs** officially began trading on NYSE Arca, marking a significant milestone for cryptocurrency investment products. **Singapore leads crypto adoption** with 61% of residents holding digital assets, primarily driven by Gen Z and millennial investors. **Cardano faced a brief network split** caused by a malformed transaction, but developers quickly implemented an emergency fix to restore normal operations. **Chainlink's technology gains recognition** as Grayscale highlights its growing importance in Real World Asset (RWA) tokenization infrastructure. **South Korean regulators** announced fines for major exchanges including Bithumb, Coinone, Korbit, and GOPAX for compliance violations.
Cronos Supports x402 Hackathon for AI Payment Automation
**Cronos is backing a developer hackathon** focused on making agentic payments more accessible through x402 protocol and AI automation. The initiative is part of Cronos' broader ecosystem efforts to advance automated payment solutions. The hackathon aims to encourage developers to build innovative applications using AI-driven payment systems. - Focuses on x402 protocol integration - Emphasizes AI automation in payments - Part of larger ecosystem development strategy Developers can participate and learn more about the hackathon through [DoraHacks platform](https://dorahacks.io/hackathon/cronos-x402/hackers). *Ready to build the future of automated payments?*
Crypto.com Donates HKD 10 Million to Hong Kong Red Cross for Tai Po Fire Relief
**Crypto.com** has donated **HKD 10 million** to the Hong Kong Red Cross to support victims of the Tai Po fires. The cryptocurrency exchange platform made the charitable contribution to help the affected community during this challenging period. - The donation will assist those impacted by the fires in the Tai Po district - Funds will be distributed through the Hong Kong Red Cross relief efforts - Crypto.com expressed solidarity with the local community The company stated they "stand with the Tai Po community during this difficult time," demonstrating corporate social responsibility in times of crisis.