Real-World Asset Tokens Drive Crypto Market Recovery
- Ondo Finance’s governance token rose 16% in a day, up nearly 40% from overnight lows.
- MANTRA (OM) token rebounded 30% from Monday’s bottom, with a 16% daily increase.
- Chintai (CHEX) token advanced 27% during the same period.
- Bitcoin (BTC) climbed above $101,000, gaining 4% in a day.
- The RWA sector expanded by 200% to $7.3 billion in total value locked last year.
The recovery of cryptocurrencies was led by real-world asset tokens, with Ondo Finance and MANTRA showing significant gains. The RWA sector saw substantial growth, expanding to $7.3 billion in total value locked last year.
Source (2.6)https://www.coindesk.com/markets/2025/02/03/real-world-asset-tokens-lead-crypto-rebound-as-tokenization-narrative-gathers-steam?rand=52298
