TermMax Daily Topic: RWA - To Realize It, You Must First Have a Rate Market RWA (Real World Assets) has been one of the most discussed topics in recent years. But many people overlook a key point: real-world assets are essentially mostly fixed-income assets. For example: government bonds, corporate bonds, real estate loans, infrastructure financing. The core logic of these assets is: funds enter today and are repaid in the future according to a fixed structure.