In today’s briefing:
- Exchanges’ Next Phase: Reaching the Mainstream
- Tokenized Real-World Assets: Could Vaults Solve the DeFi Integration Challenge?
Exchanges’ Next Phase: Reaching the Mainstream
- Exchanges have evolved from simple matching engines into platforms offering custody, derivatives, and broader asset management, gradually becoming the main gateway into crypto.
- Yet the traditional model has hit a ceiling, with user growth slowing and expansion momentum fading.
- Mainstream adoption faces clear barriers.
Tokenized Real-World Assets: Could Vaults Solve the DeFi Integration Challenge?
- The on-chain real-world asset (RWA) market (ex-stablecoins) has grown to an estimated $24.8B (+57.9% YTD), validated by the presence of institutional TradFi giants like BlackRock, Franklin Templeton, Invesco, UBS, and Apollo.
- The key challenge hindering DeFi scale is not creating tokenized assets, but distributing them to the DeFi ecosystem.
- This bottleneck is a complex knot of regulatory fragmentation and requirements, the inability of permissioned assets to integrate with permissionless DeFi protocols, multi-platform interoperability, information asymmetry for investors, and attracting sufficient demand.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
