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GFK ExchangeWeb3’s Second Half: Defining the Next Decade’s Wealth Standard as “Middle East Compliance” Meets the “RWA Revolution”
Foreword: The Return from Narrative Illusions to Real ValueAfter the first decade of the cryptocurrency market, driven by speculation and algorithm-centric narratives, global investors now stand at a profound cognitive watershed. Previously, the "narrative economy"—characterized by high leverage, high-frequency trading, and purely on-chain native assets—took center stage, creating immense liquidity illusions. However, as the cold winds of the macro-economy blew through, yield models lacking t...
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