2021–2026 : The Web 3 Ownership Evolution

this article is basically a curve of curiosity and it is focused on how asset ownership has been revolutionized by the Blockchain technology

statistics are derived from the DeFi Llama live analytics dashboard

as at 27th August when the research was done, the RWA market on DeFi Llama looked like this:

a screenshot of the DeFi Llama RWA dashboard as at 27th August showing the assets and the total active market cap

But before this volume was recorded, it was just a question,

can we take traditional assets onchain?

Now we have over $34B in onchain RWA market capital and about $31B in active Mcap with only a small fraction actually being used in DeFi

The story has changed

We’re far past putting a traditional asset on the blockchain; we’re now concerned with optimizing that asset onchain to become financial infrastructure by figuring out how much of the ownership relationship...

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