Brazil's biggest bank just started testing tokenized bonds and funds on-chain.
When TradFi assets get tokenized, they're usually issued as security tokens — basically representing ownership in a real-world asset or company.
Security tokens = ownership/equity rights (regulated like stocks)
Utility tokens = access/usage rights within a protocol (think gas fees, governance)
The difference? Securities are tied to external value and come with legal baggage. Utilities are native to the chain and grant protocol-level perks.
TradFi on-chain is heating up. RWAs aren't just a narrative anymore.
When TradFi assets get tokenized, they're usually issued as security tokens — basically representing ownership in a real-world asset or company.
Security tokens = ownership/equity rights (regulated like stocks)
Utility tokens = access/usage rights within a protocol (think gas fees, governance)
The difference? Securities are tied to external value and come with legal baggage. Utilities are native to the chain and grant protocol-level perks.
TradFi on-chain is heating up. RWAs aren't just a narrative anymore.