๐งต 5 years ago I co-founded Konvi. We grew it past 100,000 users and made it Europeโs largest fractionalization platform of physical assets. People could buy a fraction of a watch, painting or wine collection. The hard part started when they wanted out.
a principle i've held to, with decent results, across every deal i've done:
give serious weight to illiquid assets that have no clean exit.
presumably, the illiquidity is exactly why the opportunity exists in the first place.
@Anonymous3_6_9_@GerberKawasaki votes were already stripped in most of these structures long before tokenization, the holder never had them. which issuer are you pointing at specifically?
i'm deep in RWA now. i thought tokenization was just a narrative at first.
now i see it's the only structure that actually solves the exit problem. it's when the legal rails and the liquidity layer finally connect.
took years to see it clearly.