Stocks are the hard part. Backpack CEO Armani Ferrante calls tokenized stocks the gateway to bringing everything onchain, from bonds to real estate "Once you tokenize stocks…
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Stocks are the hard part. Backpack CEO Armani Ferrante calls tokenized stocks the gateway to bringing everything onchain, from bonds to real estate "Once you tokenize stocks, that's a really hard pr…
Stocks are the hard part. Backpack CEO Armani Ferrante calls tokenized stocks the gateway to bringing everything onchain, from bonds to real estate "Once you tokenize stocks, that's a really hard problem. But once you do it, you basically conquer the entire economy." "Because you ask the question, okay, if I have stocks trading 24/7, I go to bed, I wake up five years from now, everything's running on crypto rails. How far of a step and how big of a leap of faith is it to go to other assets?" "To go to something maybe obvious, like fixed income, something maybe obvious like options, but maybe something not so obvious, like real estate. It's not that big of a step." "I think that is kind of the beachhead for the entire economy. It's going to be the thing that opens up Pandora's box, and I would say in the most positive way possible."
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