Crypto has been in for a wild ride so far for the last month and a half. Bitcoin has touched $110,00 a few times and then fallen back down to $95,000 there's now talks of bitcoin moving to $90,000 in the next 6 months as things get worked out in congress and the government to start passing pro crypto bills.
One asset class however is making big moves at the moment and is expected to even be bigger than the crypto markets and that's RAW (Real World Assets) as they are expected to be solid movies for more stable of funds and yields.
Now that's expected to happen before the crypto markets take hold and banks are allowed to custody them. This ability for banks to hold the assets opens up new possibilities for people in terms of being able to borrow against their crypto assets.
This new liquidity could open up possibilities for people to get loans, get a house, do more trading and so forth. But of course all of that comes with risks. The main thing people and companies try to do with this is to borrow against it and the borrowed money to be able to accumulate more wealth faster then what the borrowed interest rate is.
This will spark a major TradeFi evolution between the traditional finance sector and the crypto sectors opening up a lot of possibilities for new investment that might have otherwise been more restricted to crypto only which could explain why we often see people ape into other crypto assets and meme coins since rolling that into more traditional finance.
Posted Using INLEO
Pull back, its as sure as the bull run.
Whenever I read RWAs, I am reminded of the tokenization of treasuries, shares in the automotive sector, gold, real estate, agricultural products, and the list goes on.
!BBH
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