Flow Traders has expanded into tokenized assets through its around-the-clock over-the-counter trading platform, providing two-way liquidity for products such as Franklin Templeton's BENJI fund and Tether Gold. This move aims to meet the needs of institutional users to trade and hedge around-the-clock using fiat currencies or stablecoins. Chief Executive Officer Thomas Spitz stated that tokenization represents a potentially significant transformation in market structure, with access limited to licensed counterparties that meet KYC requirements. Previously, Wintermute and GSR have also expanded into the thriving real-world assets (RWA) market. Michael Lie of Flow Traders anticipates that growth in the RWA market across different asset classes will be "gradual and uneven."
Flow Traders has expanded into tokenized assets through its around-the-clock over-the-counter trading platform, providing two-way liquidity for products such as Franklin Templeton's BENJI fund and Tether Gold. This move aims to meet the needs of institutional users to trade and hedge around-the-clock using fiat currencies or stablecoins. Chief Executive Officer Thomas Spitz stated that tokenization represents a potentially significant transformation in market structure, with access limited to licensed counterparties that meet KYC requirements. Previously, Wintermute and GSR have also expanded into the thriving real-world assets (RWA) market. Michael Lie of Flow Traders anticipates that growth in the RWA market across different asset classes will be "gradual and uneven."