# 📣 R2 AMA Recap EP#2

By [R2](https://paragraph.com/@r2labs) · 2025-06-09

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#### Unlocking Institutional Capital — The Next Evolution of RWA and Tokenized Yield

**Moderator:** Enzzo (Co-Founder & CBDO @R2)

**Speakers:**

*   David Vatchev (Head of Tokenization @FasanaraDigital)
    
*   Julen Payne (Assets BD @plumenetwork)
    
*   Anya Markitanova (Institutional Partnerships @ArchaxEx)
    
*   Alvaro (Co-Founder & COO @R2)
    

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🔥 Highlights
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**1\. Why Institutions Are Embracing Tokenized RWAs?**

*   Regulatory clarity is improving, especially in the US and EU. (Anya)
    
*   Yield-bearing instruments like tokenized Treasuries are gaining traction. (David)
    
*   Institutions want securitized, easily tradable formats. (Julen)
    
*   On-chain wrappers make these assets more accessible to new users. (Alvaro)
    

**2\. Biggest Institutional Challenges**

*   Limited education, legal clarity, and on-ramp infra remain key barriers. (Anya)
    
*   Fragmented liquidity and poor composability hinder adoption. (David, Julen)
    
*   Liquidity must align with asset maturities to avoid mismatch risks. (Alvaro)
    

**3\. Real Yield vs. Synthetic Yield**

*   Real yield is the sustainable path forward — synthetic lacks depth. (Alvaro)
    
*   Synthetic models have liquidity but lack clarity and durability. (Anya, David)
    
*   Both have value — success lies in balancing liquidity and risk. (Julen, Alvaro)
    

**4\. Audience Q: Regulation & Trust**

*   KYC/AML is the biggest regulatory hurdle. (Julen, Anya)
    
*   Institutional trust requires transparency, robust vetting, and compliance.
    

**5\. Audience Q: What’s Next for R2?**

*   The testnet is expanding with new ecosystems and yield mechanics. (Alvaro)
    

**6\. The Next 2 Years**

*   Real yield from private credit and tokenized funds will scale. (David, Julen)
    
*   Infrastructure like PayFi, R2, and Plume will bridge TradFi and DeFi. (Alvaro)
    

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### 🙌 **Thank You**

Huge thanks to @davidvatchev, @ju1enpayne, @alvaroweb3, @anya\_markita, and Enzzo for sharing their deep insights.

Stay tuned for the next AMA — even more exciting guests ahead.

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*Originally published on [R2](https://paragraph.com/@r2labs/r2-ama-recap-ep-2)*