Milk Road Crypto(@milkroaddaily):Where should the issuers tokenize assets? Base Layer or Execution Layers? "We want assets to be tokenized on the L1" — not for ideological reasons, but for product reasons. Assets issued on an L1 distribute more easily across L2s and can be used as collateral in app-chains within seconds. The UK regulator has already said that blockchains can serve as the official ledger of record for money market funds. That changes everything about why L1 security properties matter. FT @_julianMA @binji

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Milk Road Crypto@milkroaddaily

2026.09.21 01:59

Where should the issuers tokenize assets? Base Layer or Execution Layers? "We want assets to be tokenized on the L1" — not for ideological reasons, but for product reasons. Assets issued on an L1 distribute more easily across L2s and can be used as collateral in app-chains within seconds. The UK regulator has already said that blockchains can serve as the official ledger of record for money market funds. That changes everything about why L1 security properties matter. FT @_julianMA @binji_x @decentrek

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