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The Case for Asset Tokenization on Wall Street

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  • 2024-03-23 03:52:05
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Why BlackRock and Wall Street must tokenize assets!

1. Asset tokenization can effectively improve financial efficiency and reduce costs.

2. Asset tokenization helps enhance the liquidity of assets, such as cars, houses and works of art. Blockchain can divide assets. For example, a Mona Lisa is worth hundreds of millions of dollars, which is something that most people cannot afford. Collection, but if it is divided in digital form, divided into ten billion parts, and everyone in the world spends one dollar, they have a common right to participate, which is a great thing. It is also a decentralized way.

3. The globalization of investment. Blockchain can be used 24 hours a day, regardless of national boundaries or ethnic groups. It is not easy for anyone to use it. As long as there is an Internet connection, you can participate. Give everyone equal rights with the government and the ability to dispose of personal assets at will.

4. Improvements in financing channels, such as the recent public offering of Sol Tugou, which seems to have raised hundreds of millions of dollars for dozens of projects, but behind this lies financing equality. Only blockchain can make everyone a investor. And it is extremely open and transparent. Regardless of the good or bad intentions of these idiots, we can see that new financing methods are something that can mobilize personal funds around the world.

5. The right to free flow of wealth. For finance, there is as much innovation and financial vitality as there is freedom. The reason why the United States is strong is not because Americans are smart, but because the U.S. financial system is willing to bear the price for financial freedom. Read about U.S. Finance Shi, there are many outrageous venture capital companies in the United States. In the American financial system, as long as you dare to think and do something, someone will definitely invest. For example, one of the more outrageous things in the past few years, "The Story of a Drop of Blood", is even more false than Jia Yueting. A woman tricked people into bleeding out and defrauded them of billions of dollars. For another example, when OpenAI was founded, Musk was willing to invest US$100 million in a concept company. This in itself is an outrageous thing. It is precisely because of all kinds of outrageous venture capital in the United States that American technology has continuously emerged with amazing technologies. Deeds. The financing freedom of the blockchain will promote the ultimate explosion of human technology. I believe that in 30 years there will be a large number of entrepreneurs who will change the world by obtaining financing in the blockchain. Human finance has never been so free.#Ondo $BTC

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