Another trillion-dollar institution just embraced RWA! HSBC - Hong Kong's largest bank [$1.1 trillion AUM] - just launched a tokenized gold token😮 Their CEO stated: "Tokenization is a more efficient trading mechanism and provides liquidity to that asset. In theory, you can tokenize anything" He even talks about advantages of tokenization and cited its efficiency, cost-effectiveness and overall improvements! HSBC is following in the footsteps of BlackRock, JP Morgan, and Citibank - with their goal to "tokenize everything" Despite this major announcement - the RWA crypto sector hasn't shown any reaction... This should tell you how incredibly early we are in the RWA narrative!
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