Good to see this moving.
Back in April, under 10% of tokenized RWA value was being used as collateral in DeFi lending.
A big reason is that a lot of these assets take months to redeem, and that's hard to lend against. As liquidity improves and redemptions get easier, this number should keep climbing.
Borrowing of tokenized assets from lending markets has skyrocketed over the past month.
Now at an all-time high of $64M, up over 10x from just one month ago.