Binance launches perpetual contracts for Tesla stocks, does this count as RWA?
#特斯拉 #RWA $TSLA Recently, there has been a recurring discussion in the cryptocurrency circle: Binance has launched perpetual contracts for Tesla (TSLA) stocks. Is this RWA? If not, then what is the cryptocurrency circle currently discussing extensively about 'tokenization of stocks' actually doing? Before we elaborate, let’s put the conclusion first: This is not RWA, but a derivative of stock prices. If we don't clarify this matter, many judgments later will go awry. 1. The core of RWA is not 'whether it is on-chain', but 'whether there is confirmation of rights' The term RWA is being used too broadly now.
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