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Aptos becomes top 3 blockchain for RWA with $ 540m in tokenized assets


The tokenization of the real-world asset (RWA) in the Aptos Blockchain has gained significant momentum in recent months, with a total amount of onchain assets of over $ 540 million, driven by many deployments from traditional asset managers.

The cost of RWA deployment in the Aptos network has grown 57.1% over the past 30 days, reaching $ 542.3 million, according to RWA.xyz data. This advancement places aptos on the top three blockchains for RWA expansion, behind the era of Ethereum and Zkssync.

The largest RWA gives to the aptos are the Berkeley Square of Pact Consortium, Buidl’s Buidl, which Expanded to aptos in Novemberand Benji token by Franklin Templeton.

A breakdown of 13 RWA products that is pockenized in aptos. Source: Rwa.xyz

While Ethereum remains top blockchain For RWA deployments, with about $ 7.6 billion in total cost, its growth has slowed down in recent months. Over the past 30 days, the value of RWA properties in Ethereum increased only by 5.4%.

However, as Redstone’s latest report In the RWA tokenization trend showed, the Ethereum account for 59% of the total market until June.

Related: Franklin Templeton launched ‘Intrayay Yield’ for tokenized assets in Benji

Aptos is listed for the Wyoming Stablecoin Project

In addition to attracting large institutions that provided, Aptos also drew the US state’s attention of Wyoming, which had shortlized the blockchain for the Stablecoin pilot program.

Number Cointelegraph reportedThe Wyoming Stable token Commission has acknowledged APTOS is the highest technical score of more than 10 blockchains reviewed for the upcoming WYST project.

Source: Apt

Wyst, an initiative supported by the Stablecoin dollar conceived in 2023, will be officially deployed by Wyoming. Stablecoin supporters said it was a position in Wyoming ahead of blockchain change while creating potential income streams by achieving interest in US treasury bonds that support the token.

“While Wyoming has not yet built the Aptos, their stable token commission has placed aptos as the highest blockchain marking candidate based on throughput, fee, end, vendor support, and security,” Aptos Labs’ Head of Capital Markets, Solomon Tesfaye, said the cointelegraph.

In addition to Aptos, the SEI blockchain is also briefly listed for the WYST PROJECT, with a final pilot score of 30 points.

Related: Crypto firm for Deutsche, State Street launches Stablecoin’s private contract