Avalanche rises to the top 4 RWA TVL after the BlackRock deal

TapChiBitcoin
AVAX-0,41%
ARB2,03%
SOL-1,07%
ETH-0,55%

Approximately 500 million USD has just been tokenized into BlackRock's BUIDL fund on the Avalanche network, helping Avalanche rise to the 4th position in the RWA TVL ranking ( of total tokenized real-world assets ) among blockchains.

According to the latest data, Avalanche currently has over 1.24 billion USD in locked RWA assets, surpassing many major competitors like Arbitrum and Solana, ranking only behind Ethereum, ZKsync Era, and Polygon.

This move reinforces the position of Avalanche as one of the leading platforms in the wave of tokenizing real assets.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments