Why Tokenize? Fidelity on Onchain Assets and the Next Phase of Adoption
a16z crypto show
The discussion centers on Fidelity's approach to digital asset management, focusing on the adoption of digital markets and tokenization. Cynthia Lo Bessette from Fidelity explains their strategy, which involves helping clients gain exposure to crypto assets, utilizing these assets on-chain, and building personalized exposures for investors. Tokenizing assets makes them mobile, allowing investors to use them as collateral, access capital, and generate yield through staking. The conversation highlights the rapid growth of real-world asset tokenization, driven by the need for improved access to capital and payment systems, particularly after the mini-crisis in regional banking. Fidelity's early involvement in Bitcoin mining underscores its commitment to continuous improvement and understanding new technologies.
Part 1: Strategy, Roadmap
Part 2: Infrastructure, Tokenization
Part 3: Innovation, Operations
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