Krutika Adani
BlackRock’s BUIDL was the first RWA token focused on the money markets.
The Swiss bank UBS has also launched an uMINT token to enter the RWA markets.
Abrdn has enrolled Ripple’s XRPL blockchain to tokenize a part of the 3.8 billion GBP fund.
The MAS has been incubating several RWA tokens and could emerge as a dominant player in this space soon.