/biz/ - Business & Finance

>Custodian. Who would be holding these assets?

>>57245951

>>56523593
>This shits not true
it is true. al lof it.

Source:
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/
https://www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/
https://cryptonews.com/news/bank-of-america-forecasts-transformative-role-of-tokenization-finance.htm
https://www.forbes.com/sites/emilymason/2021/06/21/morgan-stanley-co-leads-48-million-investment-to-bring-blockchain-to-capital-markets/
https://www.weforum.org/events/world-economic-forum-annual-meeting-2023/sessions/tokenized-economies-coming-alive
https://www2.deloitte.com/content/dam/Deloitte/nl/Documents/risk/deloitte-nl-risk-tokenization-paper-final.pdf
https://www.ey.com/en_us/webcasts/2023/03/how-tokenization-will-transform-financial-services
https://www.pwchk.com/en/press-room/press-releases/pr-050723.html
https://www.prnewswire.com/news-releases/kpmg-study-finds-digital-tokens-are-transforming-the-way-consumers-interact-with-each-other-and-businesses-300925211.html
https://fintechmagazine.com/company-reports/how-fidelity-brings-digital-assets-to-institutional-clients

>>56380511
>It's a good question
only if you are a midwit that has done zero research
>but if the centralized entity has to report on physical reserves for itself..
There is such a thing called "custodians", and in this case they will have multiple custodians and it will be reflected on Chain. very simple.
Basically the oracles will be able to see and rank which Gold Vault is the "most trustworthy" and these ones will be the long term Winners.
however nobody really stops you from buying Tokens for an Asset that is not properly backed but why would you?

>>56335634
this but unironically.
>>56335654
>fuddie doesnt know how Tokenization works
ngmi