KEY POINTS
- The efficiency of having the most liquid traditional asset class on the blockchain has become 'critical': Fireblocks's Neil Chopra
- Demand for on-chain yield products as part of a digital treasury has increased amid increasing blockchain tech adoption
- The industry should be proactive in pushing for clear 'rules of the road' to challenge the lack of regulatory clarity, Chopra said
- He noted that a 'friendlier regime' should open more doors toward broader adoption of crypto and blockchain-based products
The assets under management (AUM) of on-chain U.S. Treasury funds have tripled this year to hit $2.48 billion, marking a significant transition in the tokenization of financial assets and reshaping the global investment landscape.
