# Wall Street warms up to a new paradigm of liquidity: RWAs

Source: https://www.coindesk.com/consensus-magazine/2023/07/18/tokenize-everything-institutions-bet-that-cryptos-future-lies-in-the-real-world
Kiwi News: https://news.kiwistand.com/stories/Wall-Street-warms-up-to-a-new-paradigm-of-liquidity-RWAs?index=0x64ba9d0477b1cd0e3105c07de6641680e28fa451959b8b6ae1603dd865211909fb2238b1
Submitted by yashbora.eth on 2023-07-21 UTC, 7 upvotes, 0 comments

## Summary

Tokenization of real-world assets (RWAs), such as buildings, gold, treasury bills and royalty streams, is gaining traction on Wall Street, according to this report. Lucas Vogelsang, CEO of Centrifuge, says the approach creates liquidity for things that aren't liquid today, and Centrifuge has tokenized over $400 million of RWAs. Allan Pedersen of Monetalis says the group has tokenized $1.2 billion in treasury bills used by MakerDAO as collateral. The article cites a Boston Consulting Group projection that the tokenized RWA market could reach $16 trillion by 2030.