RWA & Staking

RWA covers tokens representing something that exists off-chain — credit, treasuries, property, invoices. Staking covers the liquid-staking derivatives that let a stake stay tradeable. They sit together because both are claims on something rather than assets in their own right, and both trade on the credibility of that claim.

On this desk they are CFDs, which is worth being plain about: you take a position on the token price. You do not hold the underlying asset, you do not earn the staking yield, and no redemption right passes to you.