Many experts and analysts are bullish on the RWA market, with the Boston Consulting Group projecting a $16 trillion value for asset tokenization by 2030. To leverage this growth, three platforms have managed to stand out with their potential to help investors leverage the trillion-dollar valuation by analysts. They are Ondo Finance (ONDO), ETFswap (ETFS), and Near Protocol (NEAR).
Ondo Finance (ONDO) Partners With Cosmos-Based Noble Chain
In April 2024, real-world asset tokenization platform Ondo Finance (ONDO) partnered with Noble Chain. The partnership with Noble Chain, a Cosmos-based platform that focuses on issuing native assets, will enable Ondo Finance (ONDO) to bring its tokenized offerings backed by the US Treasury to the Cosmos (ATOM) network. Ondo Finance’s (ONDO) first action step is to issue its US Treasury-backed tokenized note USDY through the Noble chain by the end of Q2 in 2024.
Currently, USDY is available on Ethereum (ETH), Solana (SOL), Sui (SUI), and Mantle (MNT). Cosmos (ATOM) is a blockchain platform that champions interoperability; therefore, the Ondo finance (ONDO) token offering will be integrated into over 90 platforms connected to Cosmos (ATOM).
This undoubtedly will boost the adoption of the tokenized offering backed by US Treasuries and aid the advancement of the tokenization sector. Currently, ONDO, the platform’s native token, trades at $0.86 and ranks 75th in the crypto market, according to data from asset tracking platform Coinmarketcap.
Near Protocol(NEAR) Records Over 8% Increase
Near Protocol (NEAR) is a decentralized platform known for its developer friendliness and being a worthy competitor to the Ethereum (ETH) network. The platform, launched in 2020, offers faster transaction execution at a cheap rate due to its consensus protocol known as the doomslug and its sharding techniques called Nightshade.
The Near Protocol (NEAR) price experienced an 8% increase on May 3, taking its price to $6.65. This increase is no doubt spurred by the recent recovery of the crypto market after a severe bearish cycle. NEAR, the native token of Near Protocol, serves the purpose of utility and governance, enabling all holders to participate in decisions that affect the network through voting.
Near Protocol (NEAR) currently trades at $7.44, showing an added increase in its price value. According to data from Coinmarketcap, it ranks 17th in the crypto market, with an all-time high of $20.42.
ETFSwap (ETFS) Leading Tokenization Rally With Innovative Approach To ETFs
ETFswap (ETFS) is a decentralized crypto platform that aims to bridge the gap between decentralized and traditional finance through asset tokenization. Its innovative approach is to create a tokenized version of exchange-traded funds, making it accessible for trading on the blockchain.
The tokenized ETFs will make it possible to easily track the progress of traditional ETFs on financial institutions, aiding traders in making well-informed decisions before trading and thereby minimizing loss. The platform will also feature leverage trading with up to 10x leverage, assisting experienced traders in increasing their earnings.
ETFSwap’s reach crosses crypto and reaches into other spheres in the traditional finance market, allowing decentralized finance investors to access tokenized ETFs across industries such as mining, healthcare, commodities, and many more. This allows users to diversify their earnings while reducing the risk of losses and increasing their profit margins.
The platform’s utilities have drawn thousands of crypto investors who are buying its ETFS token, which is the key to the ETFSwap ecosystem en masse. So far, over 60 million tokens have been sold out, with large and small investors alike securing their positions.
Experts have predicted that the coin could rise as high as $2 upon listing, meaning a 20,000% return for investors who purchase the tokens at $0.00854 in the current stage of the presale. Ahead of listing, Stage 1 investors are expected to secure a 2x profit as soon as Stage 2 begins at a higher price of $0.01831.
Don’t miss your chance to take advantage of this incredible opportunity, so join the ETFswap (ETFS) ecosystem today by buying ETFS at its Stage 1 presale to secure generational wealth.
For more information about the ETFS Presale:
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