Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...
At the recent RWA London Summit, one topic dominated my panel discussion: tokenized assets as collateral. A variety of views emerged, including using more exotic tokenized assets other than tokenized MMF as collateral. While I recognize the potential of these alternative assets, I made one thing clear—this is a conversation about the future, not the present. Right now, tokenized products must meet investor demands, and illiquid assets simply don’t. Even the most prestigious
As institutional tokenization gained momentum rapidly last week with CFTC inviting crypto CEOs to discuss stablecoins as possible eligible collateral in the derivatives market and Senator Bill Hagerty introducing his stablecoin bill, the urgency with which firms are looking at their tokenization strategy is palpable in my conversations. It has become apparent to me critical to anyone’s tokenization strategy is a GTM playbook that articulates product, tech, ecosystem and regu
