DeFi x TradFi: The Great Convergence Begins! @BlackRock will make a big deal with @SkyEcosystem (exMakerDAO). #RWA is not just a perfect meeting point for Wall Street, but also for #crypto. Why are Wall Street giants rushing onchain? Profitability: ⚡ #DeFi (27.7%) > RWA (5.9%) > TradFi ETFs (0.46%) DeFi leads with unparalleled capital efficiency. 🔵 DeFi has the highest profitability indicating extremely high capital efficiency and strong return on capital. 🔵 Stablecoins (RWA) outshine TradFi by monetizing U.S. Treasury yields. 🔵 Traditional ETFs lag, with low-margin management fees. 💻Calculation: DeFi Profitability = Forward ARR / TVL RWA (Stablecoins) Profitability = Net Interest Margin / Circulating Supply Traditional Finance (US ETFs) Profitability = Fee Income / AUM Wall Street isn't just watching—it’s moving on-chain. 🚀 Data Sources: @DefiLlama @CoinSharesCo @Blockworks_ #DAS2025 For more insights from OKGResearch 2025 Special Series – OnchainWallst, check out: 🔖 https://medium.com/@OKGResearch/list/onchain-wall-street-1f23e60586b3