"The token is not the asset." AMINA CPO Myles Harrison made his case to BeInCrypto that a token represents a claim, and a claim only means something if a regulated institution is legally obliged to honour it. Institutional clients don't ask which chain an asset sits on. They ask who owes them what, under which law, and what happens if something goes wrong. Take tokenised Treasuries. They're the largest RWA category at $16 billion. But AMINA's clients can already buy conventional T-bills through our securities dealer licensed. The tokenised version solves a distribution problem that doesn't exist for them. Tokenisation earns its value where it improves access, settlement, or collateral use. Not where it repackages something already available. Read Myles' conversation with Bradley below: 🔗 https://lnkd.in/esXpEGyU #Tokenization #DigitalAssets #TokenizedSecurities #Blockchain
Tokenization Improves Access to Assets
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That's a nice take "a claim only means something if a regulated institution is legally obliged to honour it".