The initial hype around tokenization on blockchains began with banks who hated bitcoin but loved its blockchain technology.
The initial hype around tokenization using blockchains began around 2015 among banks who said they could never embrace bitcoin or cryptocurrencies, but that their underlying ledger technology could potentially be a game changer by making way for 24/7 settlement, guaranteed execution and lower transaction fees. As the world of crypto becomes more connected to the broader financial market, the appetite for tokenizing real-world assets, or RWA, is coming from smaller participants as well.
She broke it down into retail users who can use RWAs for remittances and savings, businesses that use stablecoins to pay suppliers and in-chain institutions like MakerDAO that try to access yield through tokenized Treasurys.
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