Five years ago, TradFi companies building out their digital asset divisions thought their future would include listing more and more tokens. I've seen the roadmaps myself. But why haven't the Blackrocks of the world done so? Because they know nothing beyond Bitcoin and Ethereum has sustainable value. These companies have been operating for nearly a century. Their reputations can't afford the shock of a weekend "flash crash" where assets they offer their customers drop 90% in value in a matter of hours. Now, the future for them is clear. Tokenizing real world assets and building digital financial products leveraging smart contracts to enable them to make money on the spread more efficiently.
Consolidate your crypto exposure before this becomes painfully obvious.
Decent chance I'm about to get back into the kitchen, if you know what I mean.
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