In order for tokenized financial assets to solve the problems they’ve been promised to solve, we need both 1/ liquid secondary markets and 2/ utility for these assets (such as with collateralization). That’s exactly what @Ripple, @DBSbank and @FTI_Global are working towards with this announcement.
Ripple
@Ripple
09-18
Introducing the next building block of onchain markets – we’re partnering with @DBSbank and @FTI_Global to establish repo markets powered by tokenized collateral and stablecoins: https://on.ripple.com/421bxVL
Investors will be able to use $RLUSD to trade for Franklin Templeton’s money
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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