RWA Crypto: PH Ranks as One of Top Countries Interested in Real World Assets Tokenization
Amidst growing attention in the sector, the Philippines ranked 15th globally in interest in crypto Real World Assets (RWA).
What’s the significance: As the Philippines continues to embrace blockchain and cryptocurrency innovations, its recent ranking shows the country’s growing role in the global RWA space. (Read more: Real World Assets Tokenization – RWA Crypto Tokens with Potential Airdrops)
The Big Picture: RWA crypto is becoming an essential part of the blockchain ecosystem by linking real-world financial assets like bonds, loans, and real estate to the blockchain. This trend is expanding rapidly as more countries look to capitalize on this new asset class.
Key details:
- The top countries interested in RWA crypto are led by the U.S. with a 14.82% share, followed by Indonesia (10.09%) and Türkiye (8.04%).
- The Philippines stands out as a key player in Southeast Asia.
The numbers: The Philippines’ 2.23% share contributes to the 81.8% of global attention driven by the top 20 countries in RWA crypto this year.
The study stated that RWAs are gaining traction for connecting real-world financial instruments with blockchain technology.
Other highlights:
- Ondo Finance (ONDO) is the most popular RWA protocol in the U.S., making up nearly half of the country’s RWA interest.
- The U.S. also dominates interest in other RWA protocols like Goldfinch (GFI) and Maple (MPL), contributing to almost a third of global attention towards them.
- Indonesia and Türkiye are focusing on the broader narrative rather than specific protocols.
This article is published on BitPinas: RWA Crypto: PH Ranks as One of Top Countries Interested in Real World Assets Tokenization
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