
RWAs indeed hold immense potential, but there's more to explore beyond just tokenization of real estate, cars or stable coin lending. Imagine a blockchain that's MiFID, MiCA and GDPR compliant, capable of issuing regulatory compliant assets directly on-chain without needing a Centralized Securities Depository (CSD). This would drastically cut the costs of operating in secondary markets. The entity achieving this, and able to run a licensed exchange on it, will be able to issue and trade stocks, bonds at unbeatable costs, outcompeting traditional stock exchanges.








