True innovation that just may undermine Wall St & the City of London’s business model.
Tokenising real world assets (RWAs) - enables trades 24/7/365, settles in seconds on a blockchain and fractionalised ownership allowed. And in some cases, no KYC required.
Compare this will 9:30am to 4pm trading times (😂) & a few days to settle. Laughable.
Tokenising RWA may just undermine I banks similar to how the crypto sector may make commercial banks irrelevant.
We do indeed live in interesting times. And we, the retail sector, benefit more than the entrenched interests.
#RWA #crypto #bitcoin