In the first half of 2024, memecoins demonstrated the highest profitability (1834%) among all cryptocurrency sectors. Following far behind were Real World Assets (RWA) - tokenized real assets, including BlackRock products, with a growth of 213%.
Floki, initially a meme coin, is venturing into the DeFi space with its new tokenization platform, TokenFi. The platform aims to tap into the burgeoning real-world asset (RWA) market, allowing users to tokenize assets like real estate and cars.
Euroclear, one of the world's largest securities settlement houses, has launched a digital securities issuance service, settling a €100 million digital World Bank bond.