Joris Delanoue, CEO and co-founder of Fairmint, spoke with crypto.news about the consequences of the Tokenized Equity-Push of Nasdaq.
Summary
- The SEC entering Nasdaq is a turning point for tokenized effects
- Global investors can gain access to Nasdaq Securities more easily
- Defi must offer a mandatory alternative to compete
The calm request from Nasdaq with the Securities and Exchange Commission can become one of the most important milestones for Tokenized shares. The exchange has applied for a license to issue tokenized shares, so that it may be traded on how effects are traded.
To explore the consequences of this movement, Crypto.News spoke with Joris Delanoue, CEO and co-founder of Fairmint, a platform that enables companies to issue Tokenized shares. He explained what the submission means for stock smoking and / or Defi can compete with Nasdaq.
Crypto.news: What is the meaning of the SEC request from Nasdaq?
Joris Delanoue: The recent application from Nasdaq is a crucial moment in the evolution of stock markets, which shows that the future of equity is increasingly digitally, programmable and efficient. Although it may not immediately appeal to all exchanges to follow the example, the leadership of Nasdaq will probably inspire others to explore tokenized effects. The movement reflects a significant shift into modernization, which indicates a wider trend towards digital effects.
Maybe you also like it: Tokenized private shares have a fundamental problem | Opinion
CN: Can Defi companies compete with the tokenized shares of Nasdaq?
JD: Defi companies can offer fascinating alternatives, but the difference lies in the approach of tokenization. Platforms such as Robinhood or Kraken that provide tokenized shares usually represent claims on shares held by intermediaries, no true property.
Real tokenization includes the embedding of ownership and rights directly into the smart contract, whereby the security itself is native on-chain. The Fairmint model is an example of this approach, because it has already spent more than $ 1 billion in equity directly on the chain.
CN: Will the submission of Nasdaq improve global access to tokenized shares?
JD: If Nasdaq builds on a basis of standardization and regulatory first infrastructure, it will improve global access by being able to seamlessly distribute tokenized assets over decentralized platforms, exchanges and Defi protocols.
This could increase the accessibility of Nasdaq shares for global investors, creating a more open and efficient financial system. As signs of grip shares, they can offer more liquidity and broader participation of investors worldwide, in particular as the infrastructure becomes mature.
Read more: Solana’s tokenized shares could be more than a memecoin -make -over
