If I can swap out the back end of our stock product for DTC tokens tomorrow, I would do it." Backpack CEO Armani Ferrante calls DTC tokenization a huge efficiency upgrade for…
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"If I can swap out the back end of our stock product for DTC tokens tomorrow, I would do it." Backpack CEO Armani Ferrante calls DTC tokenization a huge efficiency upgrade for intermediaries, saying …
"If I can swap out the back end of our stock product for DTC tokens tomorrow, I would do it." Backpack CEO Armani Ferrante calls DTC tokenization a huge efficiency upgrade for intermediaries, saying it'll eventually be fully composable with DeFi. "Whether there's going to be retail demand for it is a question. I think there's definitely going to be demand for the DTC tokenization model on the B2B side of things." "At Backpack, we run our own introducing broker, we have our own stock product." "Because it's going to be a huge benefit to just the operational efficiency of anybody running an intermediary in the traditional financial system." "It's very obvious to me that that is a very important milestone. And for that to hit escape velocity, it's just going to be a huge benefit for basically everyone, including the DeFi players." "I think in the limit, they're all interchangeable. They're all composable. One transforms into the other, the other unwraps into the other. And I think it's kind of going to be as simple as that."
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