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@steinRWA

RWA & tokenization research

website → Katılım Ağustos 2020
342 Takip Edilen1.5K Takipçiler
stein
stein@steinRWA·
After stablecoins, tokenized t-bills are still the biggest use case of tokenization and the image below tells the story. Image from @tokenterminal.
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stein@steinRWA·
Here is what tokenization is doing to finance simply. It’s rewiring those rusty rails w/ new ones to scale up their delivery to the end users. It’s inevitable.
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stein@steinRWA·
@web3savy When I mean TAM, I’m referring to the total market value for that asset offchain. For instance, the total US public equities offchain is about $72T and it’s the TAM. While the tokenized public equities is just $1.2b. TAM is how much of the asset that exists already offchain.
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Big danjo 🦁🏎️
@steinRWA total addressable market. Can you pls explain this? Does it refer to the market share that hasn't been captured?
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stein@steinRWA·
Whenever I look at the total addressable market (TAM) for many of the assets offchain and I compare it to the value already tokenized, what comes to my mind is that we are so early. The TAM for U.S treasury bills is measured by the outstanding U.S t-bills, and it has a value of 6.6T. Compare that to the $13.3b tokenized t-bills. That’s just 0.02% of the TAM onchain. We are sooooo early! Chart via @tokenterminal.
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stein@steinRWA·
who said tokenization wouldn’t change financial assets forever? apart from tokenized assets still having a hard time flowing seamlessly into DeFi, another issue affecting tokenized asset is liquidity. For many crypto native assets, I can decide at anytime of the day that I am no longer interested in holding, and I get them converted to stables. For some tokenized assets, low liquidity is still a plague and the news right here is a game changer tbh. Can’t wait to see how this progresses. Cheers 🍻.
Grove Finance@grovedotfinance

Full product description, framework and further details all in our most recent blog. grove.finance/blog/introduci…

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stein@steinRWA·
@web3savy Yes ser. You can’t even market if you don’t understand the intricacies of this niche.
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Big danjo 🦁🏎️
@steinRWA this just made me realize if you want to be a Marketer in this niche Part of your skills should include being an educator.
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stein@steinRWA·
I’ve have an opinion about education in RWAs. I believe that if you’re an educator in this niche, it should go beyond just posting everyday. I mean, you should be able to speak on spaces and conferences (might sound very ambitious) about everything tokenized assets. Tbh, no one is an island of knowledge and it’s very okay to say sometimes that “I do not have the answer to this & I’ll consult and get back to you” or perhaps, someone might just be on the same space or room who has the answer to it. That’s my definition of real development and growth as a creator in this space and many of my creator friends are already doing it. - @ZeusRWA started it. - @HarryTran_RWA and me jumped on one some weeks ago w/ @psxagent007. - I saw @HarryTran_RWA do it again today. - @WALLY_DAO do it every week via the watering hole space w/ other projects. And several others that I didn’t mention here. Can’t wait for the first RWA educators’ conference tbh - even if it’s going to be virtual.
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Michael • RWA
Michael • RWA@_mikepreneur·
@steinRWA now you are speaking about it why don't we come up with a space?
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stein@steinRWA·
@adcv_ Another step further.
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adcv_
adcv_@adcv_·
One of the weirdest things about DeFi from the beginning has been the inversion that what TradFi folx think of as 'instant' liquidity (T+1 or even T+0) is very far away from actually instant liquidity onchain Now we finally have a composable block that will allow users to interact with tokenized securities like actual DeFi instruments: instant, liquid, composable It takes a particular variety of celibate obsessiveness to be this excited about the DeFi yield curve, but, this is very exciting for the DeFi yield curve
Grove Finance@grovedotfinance

RWAs are about to have their stablecoin moment. Introducing Grove Basin: programmable credit infrastructure enabling eligible tokenholders instant stablecoin liquidity for approved exits from tokenized offchain assets. Up to $1 bn in committed daily liquidity. Tap in 🚰

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stein@steinRWA·
@HarryTran_RWA If everything goes well in this space, I see the top creators here hosting big conferences in future because we’d have grown into it. Keep going, brother ❤️
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Harry Tran
Harry Tran@HarryTran_RWA·
@steinRWA true, i hate going on spaces because it exposes all my flaws in speaking but it's a step we all need to take to grow i think
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