Why RWA financing?

An RWA can exist onchain without having a complete financing market around it. Three components are still required:

1. Cash liquidity for holders who want funding without selling their RWA exposure.
2. Borrowable RWA inventory for traders and market makers that need the asset temporarily.
3. Risk-aware execution that respects market hours, price freshness and actual unwind liquidity.

Generic crypto lending assumes continuous price discovery and continuous liquidation liquidity. RWAs can violate both assumptions. Vadium therefore treats market state and executable liquidity as first-class risk inputs.