Multicoin Co-founder: Doesn't believe that public stock offerings will become the first type of tokenized securities adopted by the mass market
According to a report by Jinse, Multicoin co-founder Tushar Jain stated in a report released on the 7th that he does not believe that initial public offerings will become the first type of tokenized securities adopted by the mass market. Markets with poor liquidity, high opacity and greater benefits from tokenization are more likely to be adopted first. This could be startup equity - when blockchain can manage capital tables for free, there is no reason to pay Carta or Angelist for management. It could be fixed income instruments that Figure has been researching for years. It could also be LP interests in funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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