Real World Asset (RWA) sector has seen a significant surge in interest following the world’s largest asset management company BlackRock’s recent entry into the tokenized asset market with its USD Corporate Digital Liquidity Fund (BUIDL). Experts are now pointing to Ondo (ONDO), MANTRA (OM), and Polymesh (POLYX) as the top picks for potential significant gains within the year. According to experts, these altcoins should be in the portfolio of investors chasing exponential growth.
Ondo (ONDO)
A significant player in the RWA sector, Ondo operates on a decentralized autonomous organization (DAO) model, granting stakeholders the authority to shape the direction of Ondo Finance. BlackRock’s recent move to tokenize RWAs has increased interest in ONDO Finance, resulting in a notable 90% increase in the price of its mainnet asset ONDO in just 30 days.
MANTRA (OM)
MANTRA stands out as a pioneering Security RWA Layer 1 network designed for seamless integration and compliance with existing regulatory frameworks. With the recent launch of the Hongbai Testnet, MANTRA aims to merge decentralized finance (DeFi) with traditional finance (TradFi) to innovate asset interactions in the finance sector.
The price of the network’s mainnet asset OM is also rising, fueled by the project’s strong initiatives, with data showing a 300% increase in the last 30 days.
Polymesh (POLYX)
Polymesh, a Blockchain network specifically designed for regulated asset transactions, has seen a significant increase in value following BlackRock’s entry into the tokenized asset market.
Dedicated to corporate use, the price of Polymesh’s mainnet asset POLYX has made a significant 225% rise in just 30 days, reflecting the growing interest in altcoins associated with the regulated asset sector. Despite a recent drop of over 10% in the altcoin’s price, Polymesh’s dynamic growth is part of the crypto market’s volatile yet promising nature.
The increased interest in ONDO, OM, and POLYX indicates that the RWA sector’s potential for Blockchain-based investment, trading, and collateralization is gaining wider recognition. As major investors continue to monitor these projects for potential exponential returns, the RWA sector is poised for further growth and development in the coming months through innovative initiatives and increasing adoption in the financial ecosystem.