How could tokenization drive a 10x reduction in capital markets infrastructure costs?
Today, around 9 intermediaries stand between buying a stock and owning it. Tokenization could automate functions performed by 6 to 7 of them.
Watch @gaborgurbacs discuss further on @ETFEdgeCNBC.
Between hitting buy and owning a stock, an order passes through about nine intermediaries.
OpenAssets CEO @gaborgurbacs expects tokenization to cut six or seven of them, now that the @SECGov has opened a limited, five-year path for tokenized stocks.
Watch the full interview with @TheDomino and Nick Cherney on @CNBC's @ETFEdgeCNBC: https://t.co/oNuKplIjy7
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