Summary
The article highlights the potential benefits of moving beyond Bitcoin ETFs and tokenized RWAs towards a future where all assets are built, managed, and distributed on the blockchain. It suggests that transparency, efficiency, and disintermediation will benefit investors, asset managers, and regulators. Lower costs, global distribution, and more efficient markets are expected in this future.
Key Points
1. Moving beyond Bitcoin ETFs and tokenized RWAs: The passage acknowledges that while there are regulations and technological advancements to be made, there is a significant opportunity to explore beyond just Bitcoin ETFs and tokenized Real World Assets (RWAs).
2. Transparency, efficiency, and disintermediation: The future described in the passage envisions a scenario where all assets are built, managed, and distributed on-chain. This would result in increased transparency, efficiency, and disintermediation, benefiting not only investors and asset managers but also regulators.
3. Lower costs, global distribution, and more efficient markets: The passage suggests that by embracing the potential of blockchain technology and decentralized finance, the financial industry can experience lower costs, expanded global distribution, and more efficient markets. This highlights the potential transformative impact of blockchain technology in the financial sector.