The system of record for stablecoins, tokenized assets, & onchain finance. Access standardized & comparable data for asset issuers, DeFi venues, & blockchains.
An underappreciated change in onchain market dynamics vs. a few years ago:
Crypto-native tokens often took years to become interesting financial assets because the businesses they were tied to had to be built from zero
Tokenized stocks bring 10,000+ established businesses onchain from day one, with assets that can be made composable across DeFi
Multiple issuers will compete to bring these assets onchain, while DeFi venues compete to make them tradable, lendable, and usable as collateral
A lot of new onchain financial activity can emerge much faster as a result, to the benefit of the underlying chains