RWA Capital in 2025: The Shift From Safe Treasuries to High-Yield Private Credit
If 2023–2024 noticed tokenized Treasuries play the function of a “first stage,” then 2025 marks a transparent shift, with capital progressively flowing into Private Credit and different higher-yield merchandise. In 2025, on-chain capital is not nearly stablecoins and staking. A brand new asset class — Real World Assets (RWA) — has taken heart stage, as…
