Are RWAs the future of crypto?


In this episode of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw interviews Micah Yeackley, co-founder of Kula DAO — a project tokenizing a diverse collection of real-world assets (RWA) on the blockchain — about the prospects of the sector in the Web3 space and what it means for developing markets.

The episode also touches on other significant topics, such as regulation and what RWAs on the blockchain mean for retail and institutional investors.

Yeackley explains that tokenizing real-world assets can span across multiple asset types beyond what most people expect. He highlights that even though Kula started out by focusing on natural resources, the project quickly realized that anything with real-world value could be tokenized, including water resources, agricultural projects and real estate developments.

Based on the wide variety of RWAs that can be tokenized, Yeackley suggests that projects are more likely to benefit from having a diverse pool of assets, which is Kula’s approach. He explains:

“Well, when you talk to any savvy investor, anybody that’s investing money for a long time, they’re experienced at it. They’re always going to say diversification is key.”