Ryan Sean Adams interviews Gabriel Otte, co-founder of Dinari, about the current state and future of tokenized stocks. Otte explains the complexities of tokenizing NMS (National Market System) stocks due to existing securities laws and the role of entities like DTCC (Depository Trust Clearing Corporation). He differentiates Dinari's approach, which aims for full compliance and one-to-one backing of tokenized stocks with real shares, from other platforms offering derivative-like tokenized assets. The discussion covers the benefits of tokenized stocks, including increased efficiency, accessibility, and composability with DeFi, while also addressing regulatory challenges and the steps Dinari is taking to obtain the necessary licenses to operate in the U.S. and EU. Otte shares his vision for a future where capital markets are fully on-chain, offering greater transparency and efficiency, and touches on the evolving stance of the SEC towards crypto innovation.
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