How NEAR,ETFS and ONDO can help you win with the trillion dollar RWA market

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Many experts and analysts are bullish on the RWA market, with the Boston Consulting Group projecting a $16 trillion value for asset...

Many experts and analysts are bullish on the RWA market, with the Boston Consulting Group projecting a $16 trillion value for asset tokenization by 2030. To leverage this growth, three platforms have managed to stand out with their potential to help investors leverage the trillion-dollar valuation by analysts. They are Ondo Finance ,with Noble Chain.

This undoubtedly will boost the adoption of the tokenized offering backed by US Treasuries and aid the advancement of the tokenization sector. Currently, ONDO, the platform’s native token, trades at $0.86 and ranks 75th in the crypto market, according to data from asset tracking platformis a decentralized platform known for its developer friendliness and being a worthy competitor to the Ethereum network.

Near Protocol currently trades at $7.44, showing an added increase in its price value. According to data from Coinmarketcap, it ranks 17th in the crypto market, with an all-time high of $20.42.ETFswap is a decentralized crypto platform that aims to bridge the gap between decentralized and traditional finance through asset tokenization. Its innovative approach is to create a tokenized version of exchange-traded funds, making it accessible for trading on the blockchain.

The platform’s utilities have drawn thousands of crypto investors who are buying its ETFS token, which is the key to the ETFSwap ecosystem en masse. So far, over 60 million tokens have been sold out, with large and small investors alike securing their positions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ondo Finance Falls Behind ETFSwap (ETFS), Celestia (TIA) And Polkadot (DOT) Suffer LossesOndo Finance (ONDO) has fallen behind ETFSwap (ETFS) as Celestia (TIA) and Polkadot (DOT) suffer significant price declines.
Source: CryptoAmb - 🏆 22. / 68 Read more »