🔥NYDIG's Global Head of Research, Greg Cipolaro, stated that the direct benefits of tokenizing real-world assets (RWA) such as stocks to the crypto market and blockchain networks are still limited in the early stages, but its long-term value is expected to be gradually released as accessibility, interoperability, and composability improve.

Cipolaro pointed out that in the short term, the main benefits of blockchain networks come from transaction fees generated by tokenized assets and the accumulation of network effects from hosting these assets. As tokenized assets become more deeply integrated into the blockchain ecosystem and enter DeFi scenarios as collateral, lending assets, or trading targets, the benefits to related networks will be significantly enhanced.

He believes that tokenization is becoming an important trend. As the regulatory environment gradually becomes clearer and the infrastructure continues to improve, the use cases of RWA such as stocks on the chain are expected to expand. However, the current forms of tokenized assets vary greatly, and most still need to rely on compliance structures in the traditional financial system, such as KYC, whitelisted wallets, and transfer agents, which limit their composability.

Cipolaro also pointed out that although the current economic impact on traditional crypto assets is not significant, if future regulations become more open and tokenized assets achieve broader democratic access, their coverage and on-chain value capture capabilities will be significantly enhanced, and investors should continue to pay attention.$RWA $ALLO