# RWA (Real-World Asset)

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**Publisher:** Decentralized Finance Publication

## Definition

Off-chain assets — US Treasury bonds, private credit, real estate, commodities — represented as tokens on a blockchain. Also searched as real world assets or RWA tokenisation (US: tokenization). RWA issuance bridges traditional finance and DeFi by bringing off-chain yield on-chain. Examples include BlackRock BUIDL, Ondo Finance, and Centrifuge.

## Related reading

- [What Is RWA Tokenisation?](https://decentralized-finance.io/learn/what-is-rwa-tokenisation/)

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Canonical: https://decentralized-finance.io/glossary/rwa-real-world-asset/