Real-world Assets (RWA) tokenization on the Aptos blockchain has achieved enormous momentum in recent months, powered by multiple deployments of traditional asset managers, with the total value of Onchain assets exceeding $540 million.
According to RWA.xyz, the value of APTOS network deployments has increased by 57.1% to $542.3 million in the past 30 days. This surge places APTO among the top three blockchains for RWA deployment, second only to the Ethereum and Zksync eras.
The largest RWA issuer on Aptos is Berkeley Square in the PACT consortium, Buidl in BlackRock, it Expanded to Aptos in November last yearand Franklin Templeton’s Benji Token.
although Ethereum remains the leading blockchain For RWA deployment, the total value is nearly $7.6 billion, and its growth has slowed in recent months. Over the past 30 days, RWA assets have increased their value to Ethereum by only 5.4%.
But, Redstone’s latest report Regarding the RWA tokenization trend, Ethereum accounts for 59% of the total market in June.
Related: Franklin Templeton
Aptos shortlisted for Wyoming Stablecoin project
In addition to attracting large institutional issuers, Aptos has also attracted attention from Wyoming, the United States, which has been shortlisted for the blockchain of its Stablecoin Pilot program.
As Auxiliary device reportWyoming’s stable token committee awarded Aptos the highest technology score of over 10 blockchains evaluated in its upcoming WYST project.
Wyst is a US dollar-backed Stablecoin initiative conceived in 2023 to become the official Stablecoin in Wyoming once deployed. Stablecoin supporters say this will position Wyoming at the forefront of blockchain innovation while creating potential revenue streams by gaining benefits for U.S. fiscal bonds that support tokens.
Solomon Tesfaye told Cointelegraph that the head of capital markets at Apos Labs told Cointelegraph.
In addition to Aptos, SEI blockchain was shortlisted for the WYST project, with a final pilot score of 30 points.
Related: State Street Deutsche crypto company launches private Stablecoin contract
