Summary
- While the tokenization of real-world assets can drive financial innovation, some tokenized assets are essentially akin to gambling.
- Some companies issue asset-backed tokens without providing legal rights, undermining investor trust.
- He raised concerns about real stocks being treated like meme coins, stressing that tokenization requires legal and institutional trust.
Aaron Kaplan, CEO of the U.S. digital asset platform Prometheum, stated in an interview with Decrypt on the 23rd (local time) that "tokenization of real-world assets (RWA) can transform finance, but some are practically akin to gambling."
He pointed out, "Some companies issue tokens based on real assets like stocks but do not provide legal rights to those assets," adding, "This undermines investor trust and can turn tokens into speculative instruments."
He further commented, "The phenomenon where even stocks are consumed like meme coins is concerning," and emphasized, "Tokenization should be built on a foundation of legal and institutional trust."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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