Still early, but the tokenized equity money lego games playing out on-chain are the beginning of a brand-new era. Crypto primitives are being applied to assets the whole world recognizes on open, global infrastructure. And although prices across the space are getting tattooed, if you look under the hood, you can see the next generation of financial products and businesses starting to take shape
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One day, you'll be able to borrow against your SpaceX shares to finance the purchase of tokenized gold and you'll be able to use it as collateral to buy a house irl
The world is going to continue to tokenize (i.e. USD in the form of stablecoins is just the start) and I'm optimistic the new admin creates a regulatory pathway for the range of real world assets to be listed and traded on public chains
Always been enamored by the vision of truly democratized global financial services, and this will be a big step in the right direction. Crypto composability and global assets are going unlock killer financial products
Enjoyed the post from Vlad below. Worth the read.
(OO #235#)
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