Citing AiCoin, Conflux co-founder Forgiven accused RWA.XYZ of inflating the total RWA asset size from approximately $30 billion to $410 billion by adjusting its methodology. Forgiven noted that about 91% of the $410 billion figure comes from the private chain Canton, with an additional $14 billion from Figure's products on the private chain Provenance, while only about $18 billion in Distributed Asset Value reflects real demand. He also urged caution regarding recent RWA concept hype in Hong Kong stocks.
Conflux Co-Founder Criticizes RWA.XYZ for Inflating RWA Asset Size to $410 Billion
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Summary
Conflux co-founder Forgiven criticized RWA.XYZ for inflating the total RWA asset size to $410 billion, up from around $30 billion, by changing its calculation method. He said 91% of the figure comes from the private chain Canton, with $14 billion from Figure’s Provenance chain, and only $18 billion in Distributed Asset Value reflects real demand. Forgiven also warned investors to be cautious about the recent RWA hype in Hong Kong stocks. What is clear is that the crypto market remains sensitive to data manipulation and narrative-driven trends.
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