US needs competitive edge in tokenised RWAs

Chainlink (CRYPTO:LINK) co-founder Sergey Nazarov emphasises that the United States needs to establish a competitive advantage in tokenised real-world assets (RWAs) to remain a leader in the digital finance sector.

Nazarov believes that the U.S. can leverage its robust and reliable capital markets to create highly secure and attractive RWAs, which could become a $100-trillion market in the coming years.

Tokenised RWAs, such as tokenised funds and real estate, are gaining traction due to their ability to open new markets and enhance financial product efficiency.

Chainlink has been at the forefront of this trend, providing critical infrastructure for tokenised assets through its decentralised oracle network and Cross-Chain Interoperability Protocol (CCIP).

Nazarov noted that blockchain technology is a global phenomenon, but unlike previous technological shifts, it does not provide a natural head start for any country.

Instead, the U.S. must focus on its strong domestic market and ability to create reliable financial assets to maintain competitiveness.

"The US really has to push its other two advantages of a very strong domestic market and the ability for it to create these highly reliable financial assets," Nazarov explained.

This approach involves creating superior digital assets and automating compliance to facilitate global access.

The tokenisation of real-world assets can transform traditionally illiquid markets, such as real estate, by making them more liquid and accessible.

Projects in Turkey and the UAE are already leveraging blockchain technology to fractionalise ownership and reduce settlement costs in the real estate sector.

In 2025, tokenised RWAs, excluding stablecoins, reached an all-time high of $18.8 billion, with private credit instruments dominating the market.

As the industry continues to grow, regulatory clarity and infrastructure development will be crucial for the U.S. to maintain its competitive edge in the global RWA market.