Securitize CEO: The liquidity of digital assets is insufficient, and the most successful tokenized asset is the US dollar

According to Decrypt, Securitize co-founder and CEO Carlos Domingo stated that accessibility is not the only factor driving the wave of tokenized assets. It was once believed that tokenization could make illiquid assets more liquid, but this is not the case. Whether it's equity in an apartment building or tokenized Pokémon cards, digital assets will inherit the liquidity shortcomings of their physical counterparts. This means that, without incurring significant losses, these assets may be difficult to sell immediately.

Domingo also mentioned that as tokenization technology develops, this dynamic may eventually change, but in the meantime, people are primarily focused on assets that can enhance existing liquidity, namely cash and U.S. Treasury bonds. We have moved in the opposite direction from illiquid markets, and it can be said that the most successful tokenized asset is actually the dollar, as evidenced by the growth of stablecoins.