🏴 LIVE: DAS LONDON DAY 2! Market IS FEARFUL. Institutional Bull Run Continues: UK Parliament, Circle, Dan Tapiero, Baillie Gifford, Canton, & Rockaway Join https://t.co/ZMlutFFsEY
Today's collateral markets can't do "a 37-minute loan." Onchain, they can.
"For someone that needs to borrow collateral for three hours, today they pay an overnight rate. And tomorrow they could pay a three-hour rate."
- @wesarn_real of @digitalasset
Will AI agents do your shopping? @HadickM is "pretty bearish."
"A ton of startups, they've got a lot of funding, I have funded some of them… but more on the business side than the consumer side. Consumers like to shop."
"Listen, everyone should be scared shitless… Finance is a trust business."
AI means a hack "can happen in a blink of an eye now."
- @HadickM of @dragonfly
The demand for tokenized assets isn't coming from where you think.
"Tokenized equities have gone from pretty much zero to four billion dollars or more in the last two years. Most of the volume is coming from the Global South, the emerging markets." - Abdul Rafay Gadit of @ZIGFinance
ICYMI: Here were the main themes from DAS London Day-2:
- Tokenized equities appear to be the next major use case for blockchains and crypto, and will drive the next wave of adoption.
- Interoperability will be a challenge moving forward. The industry needs to figure out how to remove liquidity siloing and fragmentation.
- Onchain options are an upcoming use case with a lot of potential. Market makers are coming onboard, and recent technical advancements have led to an explosion of new entrants.
The products are built, institutions are coming on board. All that is left is for existing teams to prove their PMF, form partnerships, and attract new liquidity.
Kudos to @HarryHorsfall_ for being incredible on stage today. He double checked how Julian’s name was pronounced.
As someone whose name is always butchered and people get wrong, I appreciated the effort so much. It is serious work to host main stage but he made it look so easy!
@blockworksDAS
President of Dromos Labs, @jack_anorak, joins @blockworks for a live fireside chat at the Digital Asset Summit in London.
Tomorrow @ 8:30 AM EST 🕜
Don't miss it ✈️
Tokenomics. Unlocks. Airdrops. REV and buybacks. Every cycle had its own number.
@hagaetc joins “The Return of Fundamentals” at @blockworksDAS London to talk about which numbers matter now that the line between tokens and equities is blurring, and what onchain data reveals.
LIVE at DAS London: Stani Kulechov, Founder & CEO of @aave
- TradFi doesn't compete with DeFi but compliments it. As institutions move onchain they create new use cases for DeFi protocols and increase the overall liquidity.
- The future of finance is based on optimization. The first leg is AI and the second is moving assets onchain.
- Tokenizing equities will be the next major unlock for financial markets, and DeFi protocols will need to adapt to accomedate for the new uses cases.
"What's fascinating about tokenization is that there are multiple different models. It's a big challenge trying to figure out which model to use. Each one has different capabilities and we're not sure which model will prevail."
Fidelity's head of tokenization on when bringing assets onchain actually adds value.
"If it's just a matter of buying and holding for proof of ownership, you could pretty much do that with a database without having a blockchain."
Where it does add value is trading, borrowing and lending, plus real price discovery for private assets that today get "the real valuation... once a year." - Jasmine Jia of @Fidelity
Great to join @BlockworksDAS London alongside @TheFCA, @coinbase and @jito_labs!
The US and UK have a real opportunity to lead on digital assets, but only with clear, interoperable frameworks that support innovation and protect consumers.
“It’s clear tokenisation is the future.”
Harsh Mehta from Bank of England speaking at @blockworksDAS
Bank of England and the FCA are working together to enable tokenisation to grow in the UK.
They’re also focused on interoperability through the asset lifecycle from cash to collateral and settlement.
The UK will catch up.
How vaults changed investing
this was from DAS yesterday when @connorbmilner ceo of @hare_xyz was diving into what whats ahead with onchain finance.
as always, @blockworksDAS delivered another top conference.
The UK has everything it needs to lead in digital assets, but "potential isn't inevitability."
"The clear and present danger is if we don't, then the UK, despite all of these advantages and unique elements, will potentially be a flyover jurisdiction." - @LordChrisHolmes
Sure, Tradfi does some things well. But they’ll be even better onchain.
Sandy Kaul, Head of Digital Assets & Innovation and @iandebode, CEO of @Ondo, broke it down at @blockworksDAS NYC.