Coingecko: Which countries are most interested in RWA?

Author: Lim Yu Qian, Coingecko; Translated by: Wu Zhu, Jinse Finance

Which countries are most interested in RWA?

The country most interested in crypto real-world assets (RWA) is the United States, which accounted for 14.8% of the global attention on this narrative as of 2024. As the main stage for cryptocurrencies, the United States has previously led interest in other narratives, including small-cap tokens and AI cryptocurrencies.

It is worth noting that during this period, the most popular RWA protocol among U.S. cryptocurrency investors is Ondo Finance (ONDO), which accounts for nearly half of the country’s interest in RWA cryptocurrencies. The U.S. also leads interest in most RWA protocols; for example, so far this year, Goldfinch (GFI) and Maple (MPL) account for nearly one-third of global attention.

The other countries with the highest attention to RWA cryptocurrencies are Indonesia and Turkey, accounting for 10.1% and 8.0% of global attention, respectively. Compared to any single RWA protocol, these two countries show greater interest in the overall RWA cryptocurrency narrative.

Apart from Indonesia, the other 3 Southeast Asian countries that are most interested in RWA cryptocurrency are Vietnam (2.9% of global interest), the Philippines (2.2%), and Singapore (1.2%).

India, with 6.3% of global RWA cryptocurrency interest, ranks fourth and is the only South Asian country to enter the top 20. Similarly, Brazil leads in South America with a 3.3% share of interest in RWA cryptocurrency, ranking 9th globally, while Nigeria ranks 16th globally with a 1.5% share, the highest among African countries.

In mainland Europe, the UK has always been the most focused on RWA cryptocurrencies, accounting for 5.6% of global interest in this narrative. Additionally, among the 27 EU countries, 6 countries rank in the top 20 globally most interested in RWA cryptocurrencies, with France leading at 3.9% market share.

Overall, the top 20 countries most interested in RWA cryptocurrencies so far this year account for 81.8% of the global attention on this narrative.

Top Ranking Cryptocurrency Countries for RWA

The top 20 countries most interested in RWA cryptocurrency in 2024, ranked by global traffic share, are as follows: