According to insights from Wu Blockchain and research by KOL Tanaka, the growth of RWA (Real World Assets) is astonishing, but DeFi has barely gotten a slice of the pie. Currently, only about 10% of RWA liquidity is active within DeFi protocols. For example, on-chain gold and commodities are valued at around $7 billion, but only $184 million is in DeFi. Tokenized stocks have decent trading volumes, but they remain insignificant for DeFi. Most tokenized government bonds are essentially on-chain PDFs with KYC wrappers. Assets like BUIDL, FOBXX, USTB, and OUSG have massive AUM (Assets Under Management), but transfers are restricted by whitelists, transfer agents, qualified purchaser reviews, redemption windows, and compliance mechanisms. https://www.(wublock123.com)/news/news-61459