Real-world Assets (RWA) tokens are quickly becoming one of Wall Street’s most promising innovations, and the industry’s growth is expected to accelerate with recent pro-professional legislation, especially the U.S. Genius Act.
Before the conversation with Cointelegraph Guiding and establishing national innovation for the United States’ Stability Act (Genius) ActTeslafay stressed the appeal of the legislation to institutional participants, increasingly expressed his intention to enter the cryptocurrency space.
“We see more open dialogue between policy makers and Web3 leaders is forming legislation and giving institutions more confidence to commit to a longer digital asset roadmap,” Tesfaye said. “More specifically, the Genius Act is one of the strongest signals Congress is ready to support responsible blockchain innovation.”
The following Some politics persist In Republican “crypto week”, the U.S. House of Representatives Passed the genius methodLast Thursday, and two other crypto-related bills.
The legislation establishes a regulatory framework for the $260 billion Stablecoin market, US President Donald Trump signs law On Friday.
Although stablecoins are often excluded from RWA industry indicators, many are backed by government bonds and other tangible assets, which actually classify them as RWA.
Stablecoins are also widely regarded as a key upgrade to tokenization’s future growth, providing predictability, lower transaction costs, greater liquidity, and a bridge between traditional finance and decentralized finance (DEFI).
According to Tesla Fay, a favorable regulatory environment in the United States will be the main catalyst for the continued development and adoption of token assets.
Related: Genius Act hinders large-scale technology, bank-dominated stableman: Circle Exec
RWA growth exceeds private credit, Treasury debt
To date, much of the growth in token assets has been concentrated on private credit and U.S. Treasury debt.
according to Recent Reports As of June, private credit, co-authored by Redstone, Gauntlet and RWA.XYZ, accounts for nearly 60% of the RWA market, while Usized Us tosurys account for the second largest sector of souvenirs, at about 28%.
“The initial adoption of tokenization focuses on bringing traditional financial assets to modern digital railways, with treasury and private credit being the perfect starting point.
Looking ahead, it is not difficult to imagine RWA expanding to more complex asset classes, such as derivatives, IP or esoteric asset classes. As financial infrastructure matures, it is not only about access or efficiency. It will focus on unlocking new financial products and global engagement. ”
Aptos is acting as a hub for RWA activity. As Cointelegraph recently reportedThe value of the tagged RWA on the Aptos blockchain in late June overshadowed $540 million.
Related: Experts say “just a starting point” and the encryption week ends with treble
