最新报道:According to Bijie.com, on-chain real-world assets (RWAs) will undergo a structural upgrade by 2025, expanding from low-risk government bonds to private credit, commodities, institutional funds, stocks, and real estate, with significant increases in liquidity, composability, and retail participation. Government bonds remain the core foundation, with projects such as BlackRock BUIDL offering compliant, low-risk tokens that support multi-chain issuance and real-time redemption. Private credit and high-yield assets are being introduced into DeFi through projects such as Maple Finance, offering actionable credit spread returns but requiring higher risk management. Composability enables the free combination of assets, like financial Lego blocks, improving capital efficiency. Commodity and real estate on-chain integration is showing initial activity, with examples such as Plume's XAUm and RealtyX's on-chain real estate rental income. Driven by both institutional and retail players, RWAs are evolving into a programmable capital market. Future potential depends on the maturity of regulatory compliance, multi-chain clearing, and risk control mechanisms.