"Dr. Doom" Roubini just did a complete 180: from bashing crypto to co-authoring the whitepaper for USAFi, a tokenized security backed by the ETF Atlas America Fund (listed on Nasdaq) and set to launch under Dubai’s VARA framework in Q3/2026.
This move isn’t Roubini "throwing in the towel" on Bitcoin, but rather highlighting a broader trend: tokenizing real-world assets (RWA) is the catalyst bringing traditional finance onto the blockchain. Unlike the digital assets he previously labeled as "worthless", USAFi is backed by a portfolio of U.S. Treasury bonds, gold, and real estate – which he believes are safe havens against inflation and trade wars.
The involvement of Securitize (the tokenization infrastructure used by BlackRock and Apollo) shows that big players are betting heavily on blockchain rails for traditional products. The RWA tokenization market has surpassed $30 billion – and it’s expected to grow as seasoned figures like Roubini get involved.
My take: This is a positive signal for the industry’s maturation, but don’t confuse speculation with investment. Tokenization brings liquidity and transparency, but legal risks and volatility of underlying assets are still very real. Do your own research and prioritize risk management above all else.
#TokenHoa #RWA #DeFi #ĐầuTư #Technology
This move isn’t Roubini "throwing in the towel" on Bitcoin, but rather highlighting a broader trend: tokenizing real-world assets (RWA) is the catalyst bringing traditional finance onto the blockchain. Unlike the digital assets he previously labeled as "worthless", USAFi is backed by a portfolio of U.S. Treasury bonds, gold, and real estate – which he believes are safe havens against inflation and trade wars.
The involvement of Securitize (the tokenization infrastructure used by BlackRock and Apollo) shows that big players are betting heavily on blockchain rails for traditional products. The RWA tokenization market has surpassed $30 billion – and it’s expected to grow as seasoned figures like Roubini get involved.
My take: This is a positive signal for the industry’s maturation, but don’t confuse speculation with investment. Tokenization brings liquidity and transparency, but legal risks and volatility of underlying assets are still very real. Do your own research and prioritize risk management above all else.
#TokenHoa #RWA #DeFi #ĐầuTư #Technology
