$TON
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Total Engagement - Comments: 38, Retweets: 30, Likes: 109, Impressions: 4160
Verbatim Community Citations & Social Evidence 1 source posts analyzed
A lot of the infrastructure for moving finance onchain already exists, but still there is a gap between holding an asset and making it productive. Mellow's founder @s0xn1ck spoke about this at @ethconf : Tokenization and distribution are moving quickly, but the layer that turns [Spoken audio]: So it's two pieces here. One piece is assets and other piece is distribution. Those pieces are also already solved. We already have stable coins, we have money market funds, we have commodities. On the other side we have distribution, we have wallets, we have exchanges, brokers, asset issuers, etc. But at the same time there's something in the middle. It's basically strategies and routing of capital and this is something that's also being built right now. So this is the way for assets to get to distribution channels. Because probably there will be really really few people or companies who will use stablecoins or any other types of assets if there's no yield for those assets.