Head of prominent crypto investment firm predicts that tokenization, or the conversion of traditional assets into tokens using blockchain technology, will have a “non-obvious impact” on markets.
Bitwise CEO Hunter Horsley explains in a post published on social media platform X how he believes tokenization will disrupt traditional equity and stock markets.
The tokenization movement has focused on the supply side. Tokenizing money market funds will democratize their access. Although there is value in the tokenization process, I don’t think it will be the most revolutionary thing.
“I think that the revolution will be on the supply-side.”
Horsley believes that the tokenization revolution is a result of its inherent capability to reduce barrier costs to raising capital.
Today, around 4,600 US companies are eligible to participate in public equity markets.
According to the NAICs, (National Association of Insurance Commissioners), there are more than 200,000 US companies that generate over $10M of revenue.
Many companies simply cannot be made public because they lack the scale required.
Tokenization is a new capital market that’s democratized…
“Want to invest in your local barbershop or dry cleaner?”
Horsley believes that this resource, which is largely untapped, could revolutionize the way small and medium businesses obtain capital.
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This article Bitwise CEO Hunter Horsley predicts tokenization will revolutionize equity markets – here’s how appeared first on the ICD.
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