Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says
Source: CoinDesk ·
From the source
The research firm sees tokenized stocks, bonds and loans creating new markets for trading and lending, with fee-generating platforms and companies poised to benefit. Wall Street's move into blockchain technology could open a vast new market for crypto, but investors betting on tokenization may find better opportunities than bitcoin BTC $81,822.35 and ether ETH $2,467.37 , according to the well-followed research firm Citrini Research. In a 79-page report titled Breaking the Wall , published Thursday, the research firm argued that bringing stocks, bonds and other financial assets onto blockchains could create new businesses in trading, lending and payments. Tokenization turns traditional assets into digital tokens that can move between financial platforms and potentially trade around the clock. A tokenized stock, for example, could serve as collateral for a loan directly from an investor's digital wallet, without going through a traditional brokerage. Citrini is best known for its…