Summary

  • Plume CEO Chris Yin said real-world asset (RWA) tokenization can improve investment access to financial products.
  • He said short-term US Treasuries offer yields of about 5.5%, but investors outside the US have difficulty accessing them.
  • He added that stablecoins have already proven their potential, and that investors worldwide should be able to use on-chain dollars to invest in a range of assets.

Forecast Trend Report by Period

Tokenization of real-world assets, or RWAs, can broaden access to financial products, Plume Chief Executive Officer Chris Yin said.

In an interview cited by Wu Blockchain on November 15, Yin said investors can already buy stocks and Treasuries through traditional brokerages, but putting those assets on blockchain offers additional advantages. The real value of RWAs, he said, is enabling access to assets that investors previously could not buy.

Yin cited short-term US Treasuries as a key example. They offer yields of about 5.5%, but investors outside the US often have difficulty accessing them. Investors in the US and parts of Asia have also faced restrictions on investing in stocks such as SK Hynix.

He added that stablecoins have already demonstrated the potential. The next step, he said, is to enable investors around the world to use on-chain dollars to invest in a wider range of assets.

Uk Jin