In recent years, RWA has often been discussed primarily in the context of financial assets, such as bonds, funds, real estate, or assets from financial institutions. However, the scope of RWA is beginning to expand alongside the global growth of tokenization. Several institutions have estimated that the tokenized RWA market could grow into a trillion-dollar market by 2030, although projections vary depending on the assumptions of each report.
What matters for SIX Network in the next phase is preparing infrastructure that can support a wider range of real-world assets and connect them systematically with digital systems. This is the key context that makes the partnership with Piggycell another opportunity to explore new RWA use cases.
The Direction of SIX Network: RWA Infrastructure
That Supports a Wider Range of Assets
For SIX Network, this represents an important direction for the next phase of RWA Infrastructure development.
The goal of SIX Network does not stop at bringing assets onto the blockchain. It is about building infrastructure that can support a wider range of asset types, including assets from financial institutions and new categories of real-world assets that can be systematically connected to digital systems.
The partnership with Piggycell is therefore one signal of progress that clearly reflects this direction, as it allows SIX Network to broaden its perspective on RWA from financial assets to physical assets that are used in everyday life.
Piggycell Case Study When RWA Connects with Mobile Energy Through DePIN
Piggycell develops RWA Infrastructure for mobile energy by connecting infrastructure such as charging stations, power banks, and small-scale energy devices to Web3 through the concept of DePIN.
In general, DePIN, refers to the use of blockchain to connect physical infrastructure and real-world assets with digital systems. This can include devices, networks, energy, or service points, allowing these infrastructures to record usage data, track device status, connect incentive mechanisms, and enable greater participation from users and businesses. This makes DePIN one of the more tangible categories within Web3 in the context of real-world use cases.
Infrastructure That Makes RWA More Tangible
One of Piggycell’s interesting use cases is the connection of real energy devices with NFTs, which serve as on-chain representations of devices or nodes. Each node can be linked to usage data, service status, and activities related to smart contracts. This approach allows users and businesses to participate more directly in energy infrastructure through Web3 systems, beyond traditional usage models.
From an RWA perspective, this reflects that tokenized assets do not need to be limited to financial assets. They can also be energy nodes or real devices that are used, generate data, and play a role in the infrastructure of modern cities.
From a DePIN perspective, connecting charging stations, power banks, and energy devices to blockchain allows these infrastructures to become more than isolated service devices. They can carry usage data, device status, and user-related activity records within digital systems. This helps improve transparency in usage tracking and creates more opportunities for users, businesses, and other stakeholders to participate in the network.
Key Opportunity for SIX Network
For SIX Network, partnering with Piggycell is not only about expanding the network between Thailand and South Korea. It is also an opportunity to explore the tokenization of real-world assets in the energy sector and to understand how RWA Infrastructure can support a wider range of use cases.
This reflects the expanding role of SIX Network from developing infrastructure for RWA in an asset-based context to exploring real-world assets that are increasingly used in everyday life, particularly in a digitally ready market such as South Korea, where internet penetration is high and the technology ecosystem supports experimentation with new use cases.
In the long term, the growth of RWA may not come from one asset category alone. It may come from the ability of different types of real-world assets to connect systematically with digital systems, from financial assets to energy infrastructure that people use every day.