All terms
Real world assets tokenized so they can move and settle onchain.
RWA means representing something from traditional finance, such as Treasury bills, private credit, real estate or commodities, as a token on a blockchain.
The appeal is settlement speed, transparency and composability. The catch is that a token representing a bond still depends entirely on the legal structure and custodian behind it, which is off chain and requires trust.
Tokenized Treasury products let holders earn a yield onchain, and are now a multi billion dollar category.
Where to go next
More defi terms
Want this explained out loud?
Some of these land faster in conversation than in writing. Sessions are one to one and you can ask anything, including the things that feel too obvious to ask.