I started thinking about tokenized securities differently when I imagined actually trying to trade one.
Buying a token is the easy part.
The harder question is what happens between the moment you place the order and the moment you can actually use what you bought.
With traditional markets, trading, clearing, settlement and custody can involve different systems and intermediaries.
Dusk Trade is interesting to me because it is designed around bringing assets like bonds, ETFs and money market funds into an onchain market where trading and settlement can happen as part of the same infrastructure.
Imagine buying a tokenized bond in the morning and not having to wait for a separate settlement process before that ownership becomes usable.
That sounds like a small improvement.
But when the same asset can then interact with other onchain financial applications, the difference becomes much bigger.
Self-critique: I used to think the main advantage of tokenized securities was simply being able to trade them 24/7.
Now I'm more interested in what happens after the trade.
If settlement becomes faster and more integrated, the real benefit may not be the trading itself.
It may be everything that becomes possible once ownership is settled.
Question: Where is the bigger opportunity?
#dusk $DUSK @Dusk
Buying a token is the easy part.
The harder question is what happens between the moment you place the order and the moment you can actually use what you bought.
With traditional markets, trading, clearing, settlement and custody can involve different systems and intermediaries.
Dusk Trade is interesting to me because it is designed around bringing assets like bonds, ETFs and money market funds into an onchain market where trading and settlement can happen as part of the same infrastructure.
Imagine buying a tokenized bond in the morning and not having to wait for a separate settlement process before that ownership becomes usable.
That sounds like a small improvement.
But when the same asset can then interact with other onchain financial applications, the difference becomes much bigger.
Self-critique: I used to think the main advantage of tokenized securities was simply being able to trade them 24/7.
Now I'm more interested in what happens after the trade.
If settlement becomes faster and more integrated, the real benefit may not be the trading itself.
It may be everything that becomes possible once ownership is settled.
Question: Where is the bigger opportunity?
#dusk $DUSK @Dusk
