Real-world assets (RWAs)

Real-world assets (RWAs) are crypto tokens backed by traditional assets such as gold, fiat currency, stocks or bonds. They represent ownership in the underlying asset through a process called tokenization. Investors can buy and sell these tokens.

The Talking Tokens Podcast episode with Ayyan Rahman, cofounder of OnRe Finance, discusses the challenges of tokenization, the need for DeFi and real-world assets (RWAs) compatibility, and the role of reinsurance in DeFi. It also addresses security risks highlighted by recent exploits like Drift and Kelp DAO.