WALLY the RWA Elephant 🐘

Finish the sentence:

I'll believe tokenization has properly made it when...

Before buying a tokenized asset, do the homework. 🐘

Who holds the real asset?
How do you get paid?
Can you redeem it?
Who can buy it?
What happens if the issuer disappears?

The token is the easy bit. The structure is what matters.

Wally’s guess for the next few years: you won't choose tokenized assets on purpose. 🐘

Your app will quietly start using them, and the only thing you'll notice is that stuff settles faster.

Wally finally tokenized his house. 🐘

One holder.
0% yield.
Extremely thin liquidity.

Physical redemption available. Knock first.