Electric Capital's Real-World Asset Yield Research Report shows that only 34 on-chain real-world yield assets exceed $50 million in scale, primarily concentrated in areas such as U.S. Treasury bills, with the remaining 93% of yield assets not yet effectively tokenized on-chain, facing multiple legal and technical barriers.

Crypto accelerator Alliance announced its ALL16 cohort list on March 20, featuring 18 teams covering stablecoin payments (such as Allod, Superbank, etc.), prediction markets (such as Predexon, Freeport, etc.), and AI applications and RWA tokenization projects (such as Givance, Graded, etc.).

As on-chain data accumulates, the competition between permissioned and permissionless blockchains has entered a new stage. Ethereum's real-world assets exceed $16 billion, leading other public chains. Although private chain assets are massive in scale, they are primarily used for internal ledgers and lack liquidity. Experts generally agree that in the long term, permissionless public chains have greater advantages in liquidity and openness. Currently, most RWA projects adopt a hybrid model. Although private chains have advantages in compliance, applications are gradually concentrating on public chains.

On March 19th, Ethereum re-staking protocol EtherFi announced integration with Plume Network to provide tokenized real-world asset yields. The collaboration is implemented through the nBASIS vault and is planned to roll out in two phases, aiming to offer users diversified yield sources and enhance financial services capabilities.

On March 19, U.S. stock pre-market crypto concept stocks experienced widespread declines, with MSTR, SBET, UPXI, BMNR, CRCL, and COIN all declining to varying degrees. msx.com is a decentralized RWA trading platform that has launched multiple U.S. stock and ETF tokens.

The RWA tokenization market has grown to $25 billion, independent of traditional crypto cycles, with Morpho and 0xfluid as key players offering unique lending opportunities within this ecosystem.

Flow Traders announced that its OTC platform supports trading of multiple types of tokenized assets to meet institutional real-time allocation needs in global markets, emphasizing compliance and risk control. Multiple market makers in the industry are collaborating to drive the development of the tokenized asset market, with the market scale expected to expand further in the future.

Gate News reports that on March 18, CoinShares announced a strategic partnership with Kiln to launch the first on-chain asset management strategy using its Railnet protocol. The strategy combines DeFi protocol yields with tokenized real-world asset (RWA) yields, expanding to six different yield sources covering returns from DeFi lending protocols, institutional secured loans, tokenized bond funds and bond ETFs, as well as neutral basis strategies.

Korean real-world asset platform K-Prop signed a memorandum of understanding on March 16 in Seoul, aiming to combine Korean real estate yields with decentralized Web3 finance. K-Prop Korea will be responsible for asset management, while K-Prop Limited will lead global expansion and smart contract development.

On March 18, Gate News reported that the overall crypto market pulled back, with Bitcoin declining 1.92% to below $74,000 and Ethereum falling 1.30% to above $2,300. RWA, PayFi, and other sectors experienced widespread declines, though individual projects like Siren and River rose against the trend.