Problem Statement
Liquidity Fragmentation
Current RWA tokenization creates isolated markets for each asset or issuer. This fragmentation means:
- Thin order books with wide spreads
- Inconsistent pricing across venues
- Limited lending/borrowing options
- Poor capital efficiency
Forex Risk in Global Assets
Cross-border RWAs face currency exposure that complicates valuation and settlement. Existing solutions either ignore this risk or impose costly hedging requirements.
Risk Assessment Opacity
Without standardized risk frameworks, investors struggle to compare assets across issuers, verticals, or jurisdictions. This opacity suppresses demand and increases risk premiums.
Missing Infrastructure
Each RWA project rebuilds basic infrastructure: trading venues, lending protocols, price oracles. This duplication wastes resources and creates inconsistent user experiences.