Uniswap's $2.5B RWA Boom Ignites Hopes for Crypto Market Expansion

Uniswap's Real-World Assets (RWA) volume has hit a record $2.5B, driven by tokenized stocks.

The DEX is now being viewed as more than just a 'crypto trading app' eyeing the $2 trillion market, according to digital asset manager Bitwise.

Bitwise CIO Matt Hougan said that Uniswap is not restricted to the crypto market and can expand into credit and stock markets amid a rapid tokenization boom.

The total addressable market (TAM) for platforms like Uniswap, Aave, Morpho, etc. is expanding beyond just crypto asset volume, with analysts believing DEXs and crypto venues' TAM covers traditional capital markets.