Dragonfly VC partner predicts RWAs and on-chain credit markets may be reaching a tipping point similar to prediction markets and perpetuals.
RWA & Tokenization ·
A General Partner at Dragonfly VC has suggested that real-world assets and on-chain credit markets may be approaching a breakthrough moment similar to the trajectories of prediction markets and perpetual futures. The partner noted that DeFi innovations typically follow a non-linear path, with ideas developing incrementally over years before a combination of sufficient liquidity, market access, and a triggering event catalyzes rapid adoption.
Capital formation, credit products, and bond markets represent potential next areas for on-chain expansion, according to the view. These represent exceptionally large addressable markets where years of experimental infrastructure development could suddenly shift toward mainstream adoption once conditions align.
The assessment remains speculative regarding timing and which specific products or catalysts might trigger wider adoption in these categories. No concrete evidence of an imminent shift is presented.