Tokenization news: Ondo and Securitize discuss at Consensus Hong Kong
Executives from Ondo and Securitize stated that utility and compliance, not hype, will drive the next phase of asset tokenization.Summary
Executives from Ondo Finance and Securitize, speaking at Consensus Hong Kong, agreed that the future success of tokenization hinges on real-world utility and regulatory compliance rather than market hype. Graham Ferguson of Securitize highlighted that while institutional interest is high, the main hurdles are communicating compliance requirements to exchanges and DeFi protocols for asset distribution. Securitize is involved in tokenizing real-world assets like U.S. Treasury funds, notably partnering with BlackRock on the BUIDL fund, which holds over $2.2 billion. Min Lin of Ondo Finance noted that tokenized Treasuries represent a small fraction of their potential market and stressed the importance of utility, citing Ondo's recent integration allowing tokenized stocks and ETFs to be used as margin collateral in DeFi perpetuals to enhance capital efficiency. Both executives concluded that tangible functionality is the paramount driver for the next stage of tokenization.
(Source：CoinDesk)