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87 sats \ 1 reply \ @grayruby 2 Oct \ parent \ on: Tokenization of RWA is an Unstoppable ‘freight train’ Coming to Major Markets Stacker_Stocks
Agree but DTCC is owned by the institutions that use it which incentivizes them to make sure it doesn’t fail.
Whereas onchain any bullshit crypto entity can say they are custodying RWA and issue tokens out of thin air. There might be more transparency in the tokens but not the underlying.
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50 sats \ 0 replies \ @BlokchainB 3 Oct
Yeah why you need a legacy player to bring credibility. Blockstream has done fine with tokenization
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