Cake(@cakemeta):Sam Kazemian says FraxNet is positioned as the end game because Frax has direct relationships with SuperState, WisdomTree and Securitize "I think that's actually the end game. We're even better positioned to do exactly that because of FraxUSD, we have direct relationships with Superstate, WisdomTree, Securitize, you name it. Midas just added FraxUSD as a subscription asset." "If you have a FraxNet account, you can through us mint and redeem, because we issue FraxUSD and have the direct relationship with all of them. So we can already provide essentially a passport ID to be able to do that." "I wish eventually we could do it with ZK, but it has to do with the end issuer."

2026.10.19 05:09

Sam Kazemian says FraxNet is positioned as the end game because Frax has direct relationships with SuperState, WisdomTree and Securitize "I think that's actually the end game. We're even better positioned to do exactly that because of FraxUSD, we have direct relationships with Superstate, WisdomTree, Securitize, you name it. Midas just added FraxUSD as a subscription asset." "If you have a FraxNet account, you can through us mint and redeem, because we issue FraxUSD and have the direct relationship with all of them. So we can already provide essentially a passport ID to be able to do that." "I wish eventually we could do it with ZK, but it has to do with the end issuer."