This RWA token has 650B supply and it’s still flying under the radar

As of now, there doesn’t appear to be a real-world asset (RWA) crypto token with a market capitalization of approximately $360 million and a supply near 650 billion tokens. However, examining prominent RWA tokens can provide valuable insights.​

Notable RWA Tokens:

• Ondo Finance (ONDO): Specializes in tokenizing U.S. Treasuries, offering products like USDY and OUSG. ONDO has a market cap of around $841 million, reflecting significant growth in the tokenized treasury sector. ​CoinDesk+6CoinDesk+6Social Capital Markets+6
• Mantra (OM): Focuses on tokenizing real estate assets, with a market cap of approximately $771 million. ​
• Pendle: Offers DeFi solutions for various assets, including RWAs, with a market cap of about $449 million. ​

Positioning of $WHITE:

While $WHITE may have a larger token supply, it’s essential to consider other factors beyond market cap and supply:​

• Early Entry Advantage: Being in the early stages allows for potential growth as the RWA sector expands.​
• Innovative Infrastructure: Plans to launch its own blockchain, WhiteNetwork, and a hyper-speed orderbook DEX, WhiteX, indicate a commitment to infrastructure development.​
• Regulatory Compliance: Emphasizing compliance can attract institutional investors seeking secure and regulated platforms.​

In summary, while $WHITE may differ in market cap and supply compared to established RWA tokens, its strategic initiatives and early positioning in the evolving RWA landscape present opportunities for growth and differentiation.​