The future of tokenization in traditional finance may not align with the innovative advancements being made in the world of decentralized finance (DeFi), according to experts. In a recent interview, Quensel expressed his belief that the traditional finance sector’s prediction of trillions of dollars being tokenized fails to recognize the unique characteristics of DeFi.
Quensel emphasized that traditional finance’s view of tokens as mere database records does not accurately reflect the potential of DeFi. He explained that in DeFi, tokens are much more than static records – they are dynamic pieces of code that can be executed, transferred, and possess their own logic, rights, and possibilities.
This perspective highlights a growing disconnect between traditional finance’s understanding of tokenization and the innovative developments taking place in the DeFi space. As the two worlds continue to evolve, it will be essential for stakeholders to bridge the gap and adapt to the changing landscape of tokenized assets.
