Seraphim
@MacroMate8
“Head of Taking Risk”
Special Situations at @SolanaFndn
Joined January 2017
7.6K Following 58.2K Followers
if your tokenised stock cannot be arbed like a stablecoin
it’s gonna depeg
backpack succeeded because it’s easy to arb
@stevensarmi @Backpack The other thing everyone misses is how important it is to be able to trade between Nasdaq <> @solana to keep onchain prices in line.
No other issuer talks about it because they don't actually care about onchain liquidity.
Imo that's the north star.
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