Market outlook
Last updated
Last updated
BlackRock applies for RWA fund to the U.S. SEC... RWA market interest rises
Forecast of $16 trillion by 2030... Blackrock CEO: “RWA is next after ETF”
Interest in RWA is growing as BlackRock submitted an application for an RWA fund to the U.S. Securities and Exchange Commission (SEC). There is a positive outlook in that token interest and liquidity of illiquid assets can be derived through stable collateral. BlackRock CEO Larry Fink also expressed a positive outlook for RWA following the approval of the BTC spot ETF in January 2024. He predicted, “The next step is tokenization of financial assets,” and “Through this, illegalities in the bond and stock markets will be solved.” Boston Consulting Group (BCG), a global consulting firm, predicted in a report published in 2021 that the RWA market will grow to $16 trillion by 2030. The entry of traditional finance into the RWA market is gradually expanding. According to a CoinGecko report published on the 21st (local time), the size of U.S. Treasury tokens grew 641% from $114 million to $845 million last year alone.
Vietnamese NFT game reaches 2 million daily users... $1.5 billion NFT transaction volume
Major game companies such as Netmarble and NC also announced the launch of NFT games.
NFT-applied game sales in the second half of 2021… $2.32 billion
The Block Chain Game market is currently in its infancy and has high growth potential in the future. According to the annual report of the Blockchain Game Alliance (BGA), the total sales of games using NFT technology in the second half of last year amounted to $2.32 billion. According to a report by Dapp Radar, a global DApp information service platform, the number of unique active wallets (UAW), which refers to the total number of wallets used for virtual asset transactions, is 2.7 million in 2021. The above increased by 592% compared to the previous year. Of these, more than 1.4 million UAWs were found to be connected to blockchain games. In other words, more than half of users who have wallets that interact with blockchain enjoy games that combine blockchain technology.
