There’s a common problem in the RWA sector: people try to put all kinds of assets on-chain, as if tokenization alone magically turns something into a quality asset. The result? Garbage assets are still garbage—they just stink up a different place.

Multipli @multiplifi has an approach that I find pretty interesting.

They’re not treating RWAs as just an "additional source of yield," but are building them as an infrastructure layer. What does that mean? Not all tokenized assets get in; they have to be filtered: Is the legal framework clear? Is the operation reliable? Is there enough liquidity? Is there transparency? If you can’t pass these checks, you don’t get in.

This sounds basic, right? But take a look at how many RWA projects on the market accept anything and everything. All kinds of random assets get shoved into DeFi, and when problems arise, they say, "Oh well, it’s traditional finance’s fault, nothing we can do." What Multipli does is block risks at the entry point, instead of cleaning up the mess after something blows up.

The range of assets they support is fairly broad—stablecoins, BTC, gold, stocks can all generate yield. But the focus isn’t on "quantity," it’s on "stability." The key is scalable expansion without introducing systemic risk—that’s the real infrastructure mindset.

Simply put, if DeFi wants to onboard real-world assets, it can’t just accept everything. Someone has to play gatekeeper.

Multipli wants to take on that role—and at the very least, they’re headed in the right direction.