The popularity of RWA continues. From government bonds to real estate, from gold to artworks, real assets are being moved onto the chain at an accelerated pace. At the same time, DATs have also swept across many countries and regions around the world, attracting a lot of attention.

Institutional investors are accelerating their entry into the market, while retail investors remain on the sidelines. How far will the democratization of crypto finance go? Are RWAs and DATs new entry points for capital, or the ultimate narrative of the crypto world?

We interviewed several guests, let's listen to their answers.