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US OCC to host discussion on tokenization of real-world assets

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 119 Views

US OCC to host discussion on tokenization of real-world assets

In which the contuing distancing of crypto from corporate and government use-cases continues. Which is fine; it's what helps them feel more comfortable when talking about how they are going to incorporate crypto / Blockchain etc. It'll be a mix of private, permissions and public projects in the mix, no question.

Crypto remains driven by the promise of speculative gains, continues to be marked by rampant scams, fraud, and hacks, and struggles to comply with anti-money laundering rules. By contrast, tokenization is driven by solving real-world settlement problems and can easily be developed in a safe and sound manner and fully compliant with anti-money laundering rules

As we all know, they're not wrong about the scammers. But as ever there is large overlap - and a number of crypto projects and chains are active in the space and will no doubt be present at the event. The announced keynote speaker is from Bank of International Settlements (BIS), who've been working in with Quant (QNT) - have search for Project Rosalind to find out about that.

I'd expect to see Chainlink (LINK), Circle, Paxos, Ripple (XRP), Algorand (ALGO), etc in the mix as well. And a bunch of others.

Another related article here: https://www.banklesstimes.com/news/2023/10/18/rwa-tokenization-is-growing-chainlink-link-quant-qnt-to-benefit/

And - more examples in the Singapore Fintech Fest 'responsoble tokenisation' stream:

https://www.fintechfestival.sg/agenda?stages=1&topics=13

If you're wanting to get in on the 'tokenisation' theme before it all kicks off, it might be worth having a look at this stuff as a starter.

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