US-Iran war breaks out on a Saturday. CME is closed.
$120M traded in tokenized gold on Ethereum that weekend. Gold held $5,400 onchain, while in TradFi, Gold price stayed the market close price, $5,296. That's a $104 premium the market couldn't see until Monday. That's why we need tokenization, and more assets will be moved onchain.
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US-Iran war breaks out on a Saturday. CME is closed.
$120M traded in tokenized gold on Ethereum that weekend. Gold held $5,400 onchain, while in TradFi, Gold price stayed the market close price, $5,296.
That's a $104 premium the market couldn't see until Monday. That's why we need tokenization, and more assets will be moved onchain.