Tokenizing bonds or equities means little if the cash side still settles on old rails.
@RyanRRugg , Global Head of Digital Assets at
@Citi on Tokenized with
@sytaylor and
@rangoldi said:
"If you can't tokenize cash, how are you gonna tokenize other assets?"
Without cash on ledger, delivery-versus-payment isn't truly atomic, so the settlement latency banks are trying to remove never actually goes away.
🎙 Listen to the latest episode on Tokenizedpod(dot)com