Crypto growth is imminent, yet BSC asset sales underscore industry risks: experts affirm

According to Jack Tan, a co-founder of WOO X, several significant trends are influencing the cryptocurrency market. In his message to crypto.news, he addressed the rapid growth of real-world assets (RWAs) and recent sales within the Binance Smart Chain (BSC) ecosystem.

Tan talked about the escalating acceptance of RWAs and their potential to reach a market value of $16.1 trillion by 2030, which indicates the promising future of asset tokenization. He highlighted some notable projects, such as ONDO, LINK, MKR, and PLUME, which focus on tokenization, liquidity, and decentralized finance infrastructure, and are expected to benefit from this growth.

Institutional interest in RWAs has been growing, as demonstrated by BlackRock's BUIDL fund, which has increased from an initial investment of $100 million USDC in March 2024 to over $1 billion, now holding 30% of the tokenized U.S. Treasuries market.

The tokenization of real-world assets is not limited to Treasuries. For example, Ondo Finance has teamed up with Mastercard to integrate its OUSG bond fund into Mastercard's Multi-Token Network. This partnership enables crypto payments to interact with conventional financial systems.

Moreover, Coinbase is rumored to be working with Swiss tokenization firm Backed to launch tokenized stocks, like "wbCOIN," on its layer-2 network, Base. These advancements demonstrate the growing trust of institutions in blockchain-based financial instruments.

BSC ecosystem experiences sell-offs

The BSC ecosystem has witnessed increased liquidity in projects such as MUBARAK, PALU, ATM, and Broccoli. However, investor confidence took a hit when Wolfy\_XBT, a crypto influencer, allegedly caused panic by aggressively selling BNB (BNB) Card-related tokens, according to Tan's message. This incident has sparked broader discussions about potential risks in tokenized ecosystems.

As real-world assets gain popularity and cryptocurrency markets adapt to macroeconomic changes, Tan emphasized that projects like ONDO (ONDO), LINK (LINK), Maker (MKR), and PLUME are well-positioned to take advantage of the changing landscape.