ZKsync Era is witnessing a surge in the real-world asset (RWA) sector on blockchain. According to data from RWAxyz, the total RWA value on ZKsync Era has skyrocketed by 953.79% over the past 30 days, reaching $2.03 billion. With this achievement, ZKsync Era has ascended to become the second-largest blockchain in the RWA sector, trailing only behind Ethereum, which currently leads with a total RWA value of $4.12 billion.
The primary driving force behind ZKsync Era’s remarkable growth is the Tradable protocol, an on-chain private credit platform. Tradable enables loans to be directly traded on blockchain, expanding access to decentralized credit and attracting significant capital inflows into ZKsync Era’s RWA ecosystem.
Real-world assets (RWA) on blockchain refer to the tokenization of physical or financial assets, allowing them to be traded in digital form. Common types of RWA include real estate, commodities, bonds, and equities. Tokenizing these assets unlocks new opportunities, such as fractional ownership, enhanced liquidity, and global accessibility, contributing to the transformation of traditional finance.
However, integrating RWA into blockchain ecosystems still faces significant challenges, particularly in regulatory compliance, scalability, and interoperability between traditional financial systems and blockchain networks. ZKsync Era’s infrastructure has successfully addressed many of these barriers, making it an attractive choice for RWA projects.