At the
@Equiniti x
@Bullish tokenization event yesterday, Chris Zuehlke of DRW Cumberland named privacy as the next hurdle for tokenized markets. His point was that if anyone can watch a fund's wallets, they can see it slowly exiting a position and trade against it before it finishes.
He's right. Institutions need privacy from the market and transparency to regulators and issuers.
On
@avax, encrypted ERC (eERC) keeps balances and transfers confidential while giving regulators auditor access. Institutions get the customization they need without being isolated from the rest of the market.