Key Takeaways
The RWA market has grown to $24B
Private credit and US treasuries dominate the RWA market with 88% market share and are top-heavy as much of the TVL is focused in a handful of funds.
Leverage is already part of the RWA story
BUIDL, the tokenized version of a BlackRock US Treasury fund, has a dominant position in the onchain treasury market as a key underlying asset of many highly levered strategies.
We launched the first leveraged RWA strategy with an Apollo private credit fund
The levered ACRED strategy is driven by Gauntlet's yield optimization engine and leverages Aera's vault infrastructure to manage the position.
Presentations
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