Weekly DeFi Index

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Chart of the Week

The real-world asset (RWA) tokenisation race is intensifying. Tokenised versions of US Treasuries grew sevenfold year-to-date, with the market surging to US$704 million from around $100 million at the start of the year. Protocols on the Ethereum and Stellar networks lead in the value of Treasury tokens on-chain, reaching over $300 million in market capitalisation each.

Outside treasuries, further innovations are enhancing the RWA narrative. This past week, European clearinghouse Euroclear unveiled Digital Securities Issuance (D-SI), a service which facilitates the issuance, distribution, and settlement of fully digital international securities. Developers of meme coin Floki also launched its RWA tokenisation platform TokenFi, allowing users to launch any cryptocurrency without writing code. 

Learn more about RWA tokenisation in our research report: Real-World Assets: Bringing Real-World Value to DeFi



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DeFi & L1L2 Weekly (01/11/2023)

Ethereum devs confirm Dencun upgrade ruled out for 2023. Arbitrum Orbit is now officially mainnet-ready. Lido DAO raise concerns over LayerZero’s unapproved wstETH bridge rollout.

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