Alex Palmer pfp
Alex Palmer
@thatalexpalmer.eth
GM Tokenized securities gaining mindshare today are 1. Same as back in 2017 and will fail 2. Not the same as back in 2023 -> (pls elaborate)
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Axel 🎩🧀↑q/dau pfp
Axel 🎩🧀↑q/dau
@xlmtbr
Also different macro environment. Was hard for RWA to compete in terms of yield in a low interest rate environment. Holding t-bills is now a much more attractive option from a risk/return perspective for anyone who wants to hold their assets on-chain.
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Alex Palmer pfp
Alex Palmer
@thatalexpalmer.eth
+1. It seems that the over-arching theme at the moment is yield that's coming from securities (some type of real asset, broadly), not pure crypto yield. I think in general, the market dictates what investors flock to. In high uncertainty, high quality debt is how money is made. In stable times, it's equity bets.
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