🚨NEW: 🇺🇸BlackRock just filed with the SEC to launch tokenisation fund.
BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond…’
Basically they own everything but you can have a token linked to it's financial value aka 'you'll own nothing and be happy' sound familiar?
https://x.com/radarhits/status/1770407805977038850?s=46
#plebchain
Not good
Tokenisation ... a word... soooooo shitcoiner, sooooo ETH.... sad.
It's already like this with all securities. Watch the great taking. Security entitlements on stocks make the buyer a pseudo-owner because in the event of custodial default, the real owner is considered the clearinghouse. The buyer gets nothing if the system rugs itself.
all this shitcoins will go to 0
even stocks will became a gamble shit coin
Branded bitcoin, fully compliant, hosted bitcoin, accessible via your account with the provider. Microstrategy's bitcoin will be used similarly.
but if this tokenization enter in form of open-source smartcontracts, you do not have to trust any third-party, for converting them into other digital certification for stocks property...it will depends on how the companys issue their own papers too. Maybe, for convertying the tokens into real property certificates acepted by the fucking government, they need fucking government approval. On other side, in this scenario, it will create some spread between tokens and stocks. The good side is global liquidity for stocks, the bad side is government blocking the conversion point. And this conversion will be kind like a service on which arbitrors will profit from it. It would be a new unexplored market.
