Analysis: How DeFi is quietly rebuilding the fixed-income stack for institutional capital
The real institutional prize isn’t about tokenized assets. It’s about programmable yield. The real institutional prize isn’t about tokenized assets. It’s about…
The real institutional prize isn’t about tokenized assets. It’s about programmable yield. The real institutional prize isn’t about tokenized assets. It’s about programmable yield. For years, tokenization has been framed as crypto’s bridge to Wall Street. Put Treasuries onchain. Issue tokenized money market funds. Represent equities digitally. The assumption was simple: if assets move onchain, institutions will follow. But tokenization alone was never the endgame. As we recently argued in our in…
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