Andy Mukherjee, Columnist

Ditch the Bitcoin Illusion and Tokenize Real Assets

Time to get real.

Photographer: Michael Nagle/Bloomberg

An unintended consequence of the brutal bear market in Bitcoin has been to focus the blockchain industry’s attention where it is most needed: real-world assets.

Both institutional and individual investors want to progress beyond holding speculative cryptocurrencies or stable digital dollars with limited upside. They have ample demand for tokenized bonds, equities, funds, structured products, and sovereign assets like the carbon sink in the mangroves and seagrasses of Seychelles.