"Putting an existing security into a blockchain wrapper doesn’t add much value to that security. The market will really take off when we see new types of deals and business models that require the flexibility of the tokenized format. "
STO's as a stand-alone 'thing' may not really offer much, but the future existence of a huge market for tokenized assets in general (e.g.: securities, real-estate, commodities, debt and just about anything else that anybody might want to sell or distribute whole or partial ownership), is an absolute 100% certainty.
medium.com
The key sentence is here:
"Putting an existing security into a blockchain wrapper doesn’t add much value to that security. The market will really take off when we see new types of deals and business models that require the flexibility of the tokenized format. "
STO's as a stand-alone 'thing' may not really offer much, but the future existence of a huge market for tokenized assets in general (e.g.: securities, real-estate, commodities, debt and just about anything else that anybody might want to sell or distribute whole or partial ownership), is an absolute 100% certainty.