Real-world assets
Real-World Asset (RWA)
A real-world asset (RWA) in crypto is a traditional off-chain asset — such as a Treasury bill, bond, real estate, or invoice — represented as a blockchain token backed by the underlying asset held in custody. RWAs bring off-chain yield and value on-chain, letting the token be traded, used as collateral, or composed into DeFi.
Also: RWA · real world asset · real-world assets
A real-world asset (RWA) bridges traditional finance and crypto: the asset lives off-chain with a custodian, and a token on-chain represents a legal claim on it. Tokenized treasuries, private credit, and tokenized funds are all RWAs.
Educational content, not financial advice. Spield is deployed on Stellar testnet and has not been audited; any figure shown in these guides is a worked example chosen to explain a mechanism, never a quote or a live reading.