This is a publication in a series of articles on Real-World Assets (RWAs). Akira is a contributor to MakerDAO, the protocol that launched DAI, the world's first decentralized stablecoin, soft-pegged to the USD. In recent years, MakerDAO has significantly increased its investments in RWAs, further innovating and pushing the boundaries of what is possible within the blockchain. This article provides a breakdown of the tokenization process of RWAs. Throughout this series, MakerDAO serves as an example to showcase concepts and assist in understanding the practical applications of RWAs.

This is the first publication in a series of articles on Real-World Assets (RWAs). Akira is a contributor to MakerDAO, the protocol that launched DAI, the world's first decentralized stablecoin, soft-pegged to the USD. In recent years, MakerDAO has significantly increased its investments in RWAs, further innovating and pushing the boundaries of what is possible within the blockchain. This article provides an overview of RWAs as a concept, followed by a deep dive into MakerDAO’s latest RWA initiative: The Spark Tokenization Grand Prix. Throughout this series, MakerDAO serves as an example to showcase concepts and assist in understanding the practical applications of RWAs.