The King of RWAs?

[Abiky]

There's a lot of buzz surrounding Real World Assets (RWAs). Some chains are gaining traction by adding tokenized stocks to their platforms. Ondo and Canton are one of them. While several platforms will host RWAs, only one of them will become the winner (King). I was hoping Ethereum would catch up, considering BlackRock previously expressed its interest in it. Especially when it comes to integrating RWAs on-chain. But that idea seems off the table, right now.

Which chain do you think will be the leading one for RWAs? Ondo or Canton? Your input will be greatly appreciated. Thanks in advance.

[MAAManda]

Which chain do you think will be the leading one for RWAs? Ondo or Canton? Your input will be greatly appreciated. Thanks in advance.

Okay, let's talk about the current situation. IMO, the current "King" is Ondo (ONDO), because they have a richer ecosystem than Canton (CC). We can compare it from the following 2 pages: Ondo (ONDO) | Canton (CC)

If you have opened the following 2 pages, I think I'm not wrong to say that Ondo (ONDO) has more things than Canton (CC). This completeness makes a difference in terms of adoption to retail investors, which makes Ondo (ONDO) more crowded.

[Charles-Tim]

I was hoping Ethereum would catch up, considering BlackRock previously expressed its interest in it. Especially when it comes to integrating RWAs on-chain.

Catch up in what? ONDO is not just a blockchain competing with ethereum. 60% of RWA tokenized are on ethereum blockchain. Or am I not getting what you meant? ONDO and others are relying on ethereum blockchain because of high liquidity. You can read about how ONDO and others still depend on ethereum blockchain. The also make use of other blockchains like solana.

[internetional]

Which chain do you think will be the leading one for RWAs?

Say what you will, but the most popular RWA token right now is USDT. It's the true king of RWA. Of course, this is temporary. Sooner or later, tokenization might restore gold's lost monetary functions. When that happens, a gold token will become the king of RWA (and most likely, it'll once again be Tether's XAUT, since they have better marketing).

As for blockchains - neither Ondo nor Canton have attracted the real kings yet, so they can't claim the royal regalia themselves at the moment.

So, my answer is Tron and Ethereum.

[wengibway]

RWA, probably hyper liquid?

the RWA ecosystem in it is cooking, You'll wonder why it hasnt dropped despite most of the crypto are crashing but hyper liquid pumped and has been pretty much stable

[passwordnow]

Which chain do you think will be the leading one for RWAs? Ondo or Canton? Your input will be greatly appreciated. Thanks in advance.

To be honest, I only heard of RWA as a narrative and didn't looked that much for the projects who are into it. Right now, I don't know which one is going to be the leader of it because what matters now is that most of the projects that are into this narrative have to survive this bear market. And from there, we'll see if one of them will shine and if the others will be forgotten.

[Churchillvv]

For me RWAs is not longer a thing for me I don’t know about others because all the coins or tokens I have seen pr read about seem not to have been able to do anything tangible or make reality with the RWAs they have created it’s just to see the main tokens or coins and make profit that’s all I see because if you think of it how many people are still trusting altcoins now? Very few so it’s like an idea of that was pregnant but moving towards abortion.

[asriloni]

Which chain do you think will be the leading one for RWAs? Ondo or Canton? Your input will be greatly appreciated. Thanks in advance.

If you ask which one better between Ondo and Canton in term of RWA. I say Canton is the one leading for the RWA transaction. It's going through Broadrige, which procession double digits billion RWA on its chain. DTCC is also gonna process their settlement on Canton too.

It's my reason to say Canton leads the way to be the best of RWA market.

Neverhteless, Ondo is also a good one. It's used by some big company for the RWA, and the only problem it has its CEO death, which may also change its future vision.

To conclude, i prefer Canton over Ondo.

[Balmain]

For me RWAs is not longer a thing for me I don’t know about others because all the coins or tokens I have seen pr read about seem not to have been able to do anything tangible or make reality with the RWAs they have created it’s just to see the main tokens or coins and make profit that’s all I see because if you think of it how many people are still trusting altcoins now? Very few so it’s like an idea of that was pregnant but moving towards abortion.

I hadn't heard from RWA in a long time. When it first came out, there was a huge hype, but that was temporary. Nothing concrete was built with RWA, and I don't know what will happen next. I'd say it's due to market conditions, but it doesn't seem that way because there's no real demand, and actually, no real product. Tokenizing Real World Assets was a good idea, but it probably needs some differentiation.

[Abiky]

Catch up in what? ONDO is not just a blockchain competing with ethereum. 60% of RWA tokenized are on ethereum blockchain. Or am I not getting what you meant? ONDO and others are relying on ethereum blockchain because of high liquidity. You can read about how ONDO and others still depend on ethereum blockchain. The also make use of other blockchains like solana.

Now that makes sense. Please excuse my ignorance. I thought Ondo was its own blockchain network. But it seems it's just another sidechain or L2 network. Using the EVM is a smart move, simply because it's the most widely-supported framework for decentralized applications. A multi-chain approach like Solana and BSC would bring interoperability of RWAs across several Blockchain networks.

I wonder how Ondo fares against Canton? I mean, in terms of performance and cost-efficiency. Whichever chain is the most scalable, would most likely gain the attention from "Wall Street". The real challenge would be making RWAs "regulatory compliant". I mean, how are regulations going to be enforced for users holding RWAs on-chain? Many RWAs represent stocks, anyways. That's a mystery that will only be unveiled over time. Just my two sats.

[TastyChillySauce00]

Catch up in what? ONDO is not just a blockchain competing with ethereum. 60% of RWA tokenized are on ethereum blockchain. Or am I not getting what you meant? ONDO and others are relying on ethereum blockchain because of high liquidity. You can read about how ONDO and others still depend on ethereum blockchain. The also make use of other blockchains like solana.

Now that makes sense. Please excuse my ignorance. I thought Ondo was its own blockchain network. But it seems it's just another sidechain or L2 network. Using the EVM is a smart move, simply because it's the most widely-supported framework for decentralized applications. A multi-chain approach like Solana and BSC would bring interoperability of RWAs across several Blockchain networks.

I wonder how Ondo fares against Canton? I mean, in terms of performance and cost-efficiency. Whichever chain is the most scalable, would most likely gain the attention from "Wall Street". The real challenge would be making RWAs "regulatory compliant". I mean, how are regulations going to be enforced for users holding RWAs on-chain? Many RWAs represent stocks, anyways. That's a mystery that will only be unveiled over time. Just my two sats.

ONDO is RWA issuer, Canton is a blockchain. By default Canton don't issue RWA, projects like ONDO do. In the future, ONDO would likely to issue their RWA or create a bridge to Canton.
What Canton do is just creating a blockchain tailored for institutional, with privacy. Canton is offering a rather more centralized blockchain to attract institutional and RWA. Not deploying RWA themselves.

[Odohu]

Tokenization of real world assets have been around for long with most of done through the Ethereum blockchain and the leaders then was in the real estate sector. I as thinking the hype have died but seeing that you still feel the buzz now means that new players have entered the business. It is hard to know if the new players will be able to bring something good that will actually make big capital to invest their money in RWAs but I believe that tokenization holds huge potential that can grown into something magnificent.

[Abiky]

ONDO is RWA issuer, Canton is a blockchain. By default Canton don't issue RWA, projects like ONDO do. In the future, ONDO would likely to issue their RWA or create a bridge to Canton.
What Canton do is just creating a blockchain tailored for institutional, with privacy. Canton is offering a rather more centralized blockchain to attract institutional and RWA. Not deploying RWA themselves.

I see. But if that's the case with Canton, then isn't it better for institutions to make their own private blockchain networks? I mean, they will gain far better control than just using an alternative chain like Canton. Entities such as BlackRock, VanEck, and Strategy could be running their own chains with RWAs built on top of them. If they prefer to use an existing solution than re-inventing the wheel, then Canton would be the ideal choice.

We'll have to see which chain (among the many chains in existence) will become the leading one of the RWAs craze. All I know is that regulators won't let this pass by. They will take whatever action necessary to limit crypto's dominance in the mainstream economy. At least, we have a few truly-decentralized crypto projects. With or without RWAs, crypto will be here to stay for a very long time.

[TastyChillySauce00]

I see. But if that's the case with Canton, then isn't it better for institutions to make their own private blockchain networks? I mean, they will gain far better control than just using an alternative chain like Canton. Entities such as BlackRock, VanEck, and Strategy could be running their own chains with RWAs built on top of them. If they prefer to use an existing solution than re-inventing the wheel, then Canton would be the ideal choice.

We'll have to see which chain (among the many chains in existence) will become the leading one of the RWAs craze. All I know is that regulators won't let this pass by. They will take whatever action necessary to limit crypto's dominance in the mainstream economy. At least, we have a few truly-decentralized crypto projects. With or without RWAs, crypto will be here to stay for a very long time.

They realistically could, but I doubt they want to handle all the edge cases by deploying their own private blockchain which needs tuning and some additional features to suit their needs. These big entities are always about delegating to other company to save resource and money which in this case, Canton is a decent blockchain for them.