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Tokenised real-world assets: what institutions are actually buying, and where the bottleneck really sits.

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Mar 15, 2026

RWA Tokenisation's Real Bottleneck Isn't the Blockchain

Tokenised Treasuries hit $11 billion. Goldman Sachs is using them as derivatives collateral. But the assets the market actually wants to tokenise (real estate, private credit, equities) are stuck behind legal plumbing, not smart contracts.

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