Traditional finance (TradFi) firms are increasingly looking towards public blockchains like Ethereum to tokenize real-world assets (RWA) due to the networks’ security and liquidity. This trend signifies a significant shift towards embracing decentralized technologies within the legacy financial system. By leveraging public blockchains for asset tokenization, TradFi firms can tap into new markets and streamline processes, ultimately enhancing the accessibility and efficiency of asset management.
TradFi firms now prefer public blockchains: Ex-Grayscale exec
by Crypto Oasis | Apr 15, 2024 | Industrial | 0 comments