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.
🚨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
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