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It’s hard not to celebrate crypto’s well-needed pivot toward all things real-world — that’s where real value is, after all, not in pictures of stones and monkeys. Who would have thought? That said, at times, it’s also hard to hold back a mirthless smirk at what feels like a massive lost opportunity.
You see, it all comes down to what the industry is coming to understand as real-world assets. In most cases, it’s about the traditional financial instruments like stocks, bonds, ETFs or commodities held by a centralized entity that issues tokens representing a fraction of the said asset. There are some more exotic options out there too, such as art pieces or real estate.
This…
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