Bridging The Gap
summary
Argues the market gap is orders of magnitude wide and tries to work backwards from an end state where top-tier assets trade on-chain; cites ~$300B in stablecoin supply and existing tokenized stocks like XTOS. Identifies five coordination vectors — reference price, ownership registry, delivery, financing/netting, and compliance — and claims DeFi already supports cash‑settled synthetics and some financing but not physical delivery or system‑of‑record ownership. Calls for custom margin and risk engines and new exchanges plus institutional compliance rails.
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