Forget ETFs, Let’s Work on Tokenizing the Whole Value Chain
From Nasdaq:
In the last six months, the crypto market has been focused on Bitcoin ETFs and real world assets. BlackRock CEO Larry Fink believes ETFs are the first step in a technological revolution in financial markets, with tokenization of every financial asset being the next. Bringing the entire value chain on-chain should be the ultimate objective for all financial assets.
Blockchain has the potential to bring traditional assets on-chain and enable unparalleled efficiency, transparency, and programmability in capital markets. On-chain automation allows for independence from intermediaries, self-custody, and increased transparency. Traditional financial firms and blockchain-native organizations are already exploring and implementing these capabilities.
Real estate, private equity, carbon credits, and other asset classes are also being brought on-chain. Moving beyond Bitcoin ETFs and tokenized real world assets presents a massive opportunity for increased transparency, efficiency, and disintermediation. The future promises lower costs, global distribution, and more efficient markets with all assets managed and distributed on-chain.
Read more: Forget ETFs, Let’s Work on Tokenizing the Whole Value Chain