Real-world assets do not need institutions yet, Plume CEO says
The real-world asset (RWA) market is not yet ready for institutional adoption, according to Chris Yin, CEO of Plume. Institutional capital has not entered the RWA market, which is currently valued at approximately $10 billion, contrary to estimates suggesting over $21 billion. The market primarily consists of Treasury bills and gold, with private credit accounting for nearly 60%. Estimating the RWA market size is challenging due to fragmented data. Institutions are primarily interested in tokenized assets for profit rather than efficiency. Currently, no institutions are investing on-chain; they are focused on extracting value from the ecosystem. Tokenization of RWAs is essential for fundraising and transparency but requires institutional involvement for significant growth and regulatory compliance.
