OKX Research Institute | Why RWA has become a key narrative in 2025?

RWA (Real World Assets) is becoming the new favorite of global capital. Simply put, RWA is the process of transferring valuable and proprietary assets from the real world, such as traditional financial assets like houses, bonds, stocks, and even assets like art, private loans, and carbon credits that are usually difficult to trade directly, onto the blockchain and transforming them into tradable and programmable encrypted assets. In this way, no matter where you are, you can trade these things on the chain 24/7 at low cost. OKX Research Institute believes that RWA is not a short-lived encryption hotspot, but an important bridge for the integration of Web3 with trillion dollar traditional financial markets. From asset securitization in the 1970s to RWA today, the core lies in improving asset liquidity, reducing transaction costs, and expanding the user base. This report aims to provide an in-depth analysis of the RWA track panorama and explore this future possibility. Overview of RWA Market: Development History, Scale, and Institutional Driving Forces Taking the rental scenario as an example, RWA is restructuring its traditional model: there is no need for intermediaries to intervene, no need to deposit one and pay three, and the mobile phone can automatically deduct the payment for "renting for one month" to move in; One click settlement upon check-out with instant deposit refund; Temporary relocation can transfer the remaining lease term on the chain, and the entire process is transparent and tamper proof. The landlord completes the property rights chain confirmation through RWA, and the rent is automatically distributed by smart contracts, and even the "future lease term" or "rental income right" can be realized in advance. RWA transforms real estate into flexible and transferable encrypted assets, improving efficiency. RWA Track Perspective: User Profile, Structure, and Six Major Assets （1） Private Credit: High Yield RWA Core Assets （2） US treasury bond bond: "entry level" RWA of institutional capital （3） Commodities: Gold tokenization leads growth （4） Listed stocks: Technology stocks and ETF tokenization become mainstream （5） Real estate: fragmented ownership reduces investment threshold （6） Stablecoins: occupy an absolute dominant position In 2025, the narrative of RWA reaches its climax, but ultimately it may not be dominated by cryptocurrency companies. Platforms like Robinhood aggregate traffic through a unified window (stock, cryptocurrency, future private credit) to earn distribution fees; Traditional financial giants that control trillions of assets, such as BlackRock and Fidelity, are the ones who hold the top of the value chain. They have the ability to launch their own L2 or private chains, connecting assets, tokenization services, trading, and settlement in a closed loop. Learn more: https://www.okx.com/zh-hans/learn/okx-research-rwa?channelid=aicoin20 Register OKX and receive a permanent 20% rebate: https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2