Moonbeam is tapping into the Real World Asset (RWA)market. The RWA market is projected to reach $10 trillion in market capitalization and Moonbeam is looking to tap into this market by tokenizing RWAs, making them easily tradeable on chain.
This is a significant step on Moonbeam with Centrifuge another team focused on the RWA market on Polkadot.
With factors such as the Substrate framework, EVM compatibility, cross-chain integrations and the networks parallelization scalability, Moonbeam presents a fertile for RWA-focued projects to thrive.
2 projects are already pushing the boundaries of RWA integration on chain on Moonbeam. These are
a. Transfero, with their Brazilian Real pegged stablecoin, BRZ, are looking to bridge the Brazilian economy with the block chain ecosystem.
b. Tokeniza, focused on tokenizing assets and democratising investments.
#RWA
https://moonbeam.network/blog/tokenization-real-world-assets-moonbeam/