Our CEO (
@0xriskyvision ) just went live on MITM S2 with
@pipeline_xyz and this one goes way deeper than the usual RWA hype.
We didnāt talk narratives.
We talked where this is actually going.
Covered:
ā¢ā ā Why AFI exists ā turning ātrust me bro yieldā into verifiable Proof-of-Reserve
ā¢ā ā Whatās really happening inside the $50M RWA stablecoin vault on
@monad
ā¢ā ā The RWAs weāre bullish on (and what comes after the current wave)
ā¢ā ā How Multipli went from a conversation ā to powering real onchain capital
And then the real questions:
What happens when RWAs actually scale onchain?
Who captures the value?
What does the endgame look like?
His take:
Weāre still in inning 2ā3.
Most RWAs today = wrapped narratives + partial transparency.
Inning 9 looks like:
ā¢ā ā Every dollar onchain is backed, provable, and enforced
ā¢ā ā Capital moves across chains with verification, not blind trust
ā¢ā ā Yield is priced on risk, not marketing
ā¢ā ā And infra (not tokens) captures the real value
TAM?
Not billions. Not trillions.
Weāre talking about rewriting how global capital is verified and moved.
If youāre building in DeFi and not thinking about reserves, youāre already behind.