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The Importance of Tokenized Treasures in Crypto
Tara: I think we might be looking at this differently. My mental model of capital off chain, or sorry, on chain is that there's really like two kinds of capital. And what the tokenized treasures are doing is they're equalizing the interest rate across the two. So people rebalancing into the bull and bears isn't going to happen just because we have tokenized treasury on chain. But maybe in another bull run, each price goes up,. Suddenly the USD, ETH staking rate looks significantly more attractive than Treasuries. Blake: Give us the case for private credit as being an attractive real-world asset to bring on chain.