Dragonfly’s Rob Hadick said institutions building private blockchains create “leakage” that could limit benefits to the broader crypto ecosystem.
Tokenized equities will be a big benefit to traditional markets, but may not be a boon for the crypto industry that others have predicted, says Rob Hadick, general partner at crypto venture firm Dragonfly.
“There’s no doubt it has a big effect on TradFi,” Hadick told Cointelegraph at the TOKEN 2049 conference in Singapore. “They want 24/7 trading, it’s better for their economics.”
However, he saw unclear benefits for major crypto players in the real-world asset tokenization space, such as Ethereum.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments