Tokenized Real-World Assets: The Potential Catalyst for Next Crypto Bull Run
Bitcoin has shown a strong recovery in the last two weeks, but market maker Wintermute believes this might not be enough to trigger a new bull market.
The company's analysts state that price increases alone are insufficient for a sustained bull cycle and that a new channel of capital inflow into the crypto market is necessary.
In previous bull cycles, ICOs, stablecoins, spot Bitcoin ETFs, and institutional investments have fulfilled this function, according to Wintermute.
The analysts predict that the most important source of capital for the next crypto bull run could be the tokenization of real-world assets (RWA), which has seen a significant growth in value, exceeding $300 billion.