The promotion of RWA by BlackRock can bring more legitimacy and mainstream acceptance to the cryptocurrency market. It can attract more institutional investors who were previously hesitant due to the lack of real - world asset backing. The introduction of RWA assets changes the ecological structure as it bridges the gap between the traditional financial world and the cryptocurrency world. In terms of the price system, it may add new factors affecting cryptocurrency prices. For example, if a large - scale real - world asset is tokenized and related to a cryptocurrency, the performance of that asset can influence the cryptocurrency's price. Also, more competition for capital may occur among different cryptocurrency projects and RWA - related tokens.