🚨 JUST IN: Mike Cagney argues RWA excitement is misplaced, saying TVL means little without yield flowing to token holders.
If public blockchains disintermediate #Visa, DTCC, and #Nasdaq, are #RWAs about adoption or outright replacement?

Mike Cagney
@mcagney
01-06
Building on my earlier post about why a token has value (yield, utility and governance) - I want to talk about RWAs on public blockchains. Warning: many of you are going to hate what I have to say here.
People get excited when they see TradFi players making moves toward
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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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