Saylor Says Tokenization Will Create Free Market for Credit, Yield
Summary
- Michael Saylor said tokenization technology could fundamentally reshape the structure of financial markets and reduce the role of traditional financial institutions.
- He said the core value of tokenization lies in creating a free market for credit creation and yield generation for asset owners.
- Saylor said the tokenization of various securities could change how credit and yields are priced across asset markets and could threaten traditional banks and securities brokers.
Forecast Trend Report by Period
Michael Saylor, founder of Strategy, said tokenization technology could fundamentally reshape the structure of financial markets and potentially reduce the role of traditional financial institutions.
Saylor told CNBC on May 21 that the core value of tokenization lies in creating a free market for credit creation and yield generation for asset owners.
“If a wide range of securities can be tokenized, investors will seek out the best credit terms and the highest yields on their own,” he said.
That could change how credit and yields are priced across asset markets. Saylor also said the shift could threaten traditional banks and securities brokers.
The global financial industry has recently been expanding the tokenization market for real-world assets, or RWAs, including bonds, funds and real estate.
Market participants are watching how tokenization could reshape financial intermediation and asset distribution.
JH Kim
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