$114 TRILLION IN ASSETS EXPECTED TO "LAND" ON BLOCKCHAIN IN OCTOBER


The custodial giant DTCC has confirmed its roadmap to fully deploy digital asset trading by October, paving the way for a portion of the $114 trillion they manage to be tokenized. Not just the DTCC, but Wall Street’s sharpest names like BlackRock, JPMorgan, and Goldman Sachs have their infrastructure ready to turn stocks and ETFs into tokens that can be traded across borders almost instantly.
But looking deeper into the data, we see this as an "all-out assault" by traditional finance to reclaim market share eroded by crypto protocols in recent years. By building multi-chain compatible systems, these institutions are creating a powerful liquidity magnet, capable of making the Real World Asset (RWA) market on blockchain far exceed the current capitalization of the entire DeFi market.
The dark side of the issue is that the rise of digital stocks could make current crypto exchanges obsolete if they fail to adapt to the SEC’s new regulatory standards. If institutional money focuses only on "official" digital stock versions from Wall Street, pure crypto assets will face a brutal fight for capital.Will the emergence of digital stocks be the "end" or a new engine for today’s digital asset trading platforms?
Please do your own research carefully before making any transactions (DYOR). $BTC $ETH #TradfiTradingChallenge #30YearTreasuryYieldBreaks5% #IsraelStrikesIranBTCPlunges
GS5.61%
RWA1.06%
BTC1%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned