#RWA资产代币化 Seeing major institutions like Aave and Securitize taking actions around RWA in 2026, I am reminded of a often overlooked phenomenon—many people are full of expectations for "asset onboarding" but lack sufficient awareness of the risks involved.

Aave's Horizon platform has already tokenized U.S. Treasury bonds as collateral, and Securitize plans to launch fully compliant on-chain U.S. stock trading. These developments indeed mean that the channels for traditional financial assets to enter the blockchain are opening up, but I want to remind everyone: tokenization ≠ zero risk.

As assets worth trillions of dollars flow onto the chain, systemic risks will also be amplified. Smart contract vulnerabilities, liquidity shocks, cross-chain risks—these issues can be tolerated on a small scale, but once institutional funds flood in, any mistake in one link could trigger a chain reaction.

My advice is: if you're interested in the RWA track, don’t be fooled by the growth figures. The key factors to watch are: the platform’s security audits, whether the risk control mechanisms have been truly tested in practice, and whether your own position management is sufficiently disciplined. Even products from leading protocols should be evaluated with a "long-term mindset"—start with small amounts, observe the operation for more than half a year, and then consider increasing your allocation.

The story of asset tokenization is very attractive, but a prudent approach is always: survive first, then make money.