Most Influential: Carlos Domingo
Summary
Carlos Domingo, CEO of Securitize, is being recognized for his long-term commitment to asset tokenization, a field that struggled for recognition during the NFT and memecoin hype. Securitize now manages about $3.6 billion in tokenized real-world assets (RWAs) and is profitable, preparing for a SPAC merger with Cantor Fitzgerald's vehicle.
Domingo credits their survival to a 'cockroach' philosophy—enduring the lean years by focusing on the inevitability of digitization. Securitize pivoted from being a pure technology provider to a full-service provider, acquiring necessary licenses (transfer agent, broker-dealer, ATS) to offer a 'whole product' solution, adhering to the 'Crossing the Chasm' strategy to appeal to mainstream finance.
Securitize now boasts major clients like BlackRock, whose tokenized fund it helped launch across multiple blockchains. Domingo emphasizes that the future of tokenization lies in its use as high-quality, 24/7 collateral for crypto markets, moving beyond just putting assets on a better ledger.
(Source:CoinDesk)