Zhu Su: RWA is the "Dollar Launchpool", institutions hope TVL will drive the growth of protocol token market value
Zhu Su posted on social media platforms, stating that institutional investors are interested in RWA (Real World Assets) because they hope that every $1 of RWA's total locked-in value (TVL) can be converted into a certain proportion of protocol token market value, such as $100 million of RWA bringing $100 million in token market value. He also said, "Just like BTC L2 and ETH re-pledging are hidden Launchpools, RWA is a dollar Launchpool."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MegaETH: Pre-collected funds will be refunded, and refunds will be processed through a new contract
Data: An ancient whale suspected of selling another 1,300 ETH, worth $3.94 million
A whale borrowed 5.5 million USDT from Aave to increase their position by 60 WBTC.