The Paul Barron Crypto Show Solana Tokenized Stocks vs TradFi🔥xStocks INTERVIEW
Oct 11, 2025
Join Adam Levi, Co-founder and CEO of Backed Finance, as he dives into the world of permissionless tokenized stocks. He discusses how xStocks allow for free transferability and use within DeFi applications. Adam argues that tokenization democratizes market access, contrasting it with traditional finance. He highlights the importance of unique holders for network growth and shares insights on dividends and corporate actions. With plans for cross-chain capabilities and upcoming products like tokenized silver, this conversation is packed with future-focused ideas.
AI Snips
Chapters
Transcript
Episode notes
Tokenization Expands Global Market Access
- Tokenized equities improve global access to markets where traditional systems exclude many people.
- Crypto rails offer faster tech like atomic settlements compared with slow TradFi upgrades.
Adoption Follows Geometric Growth
- Tokenized stocks will likely grow geometrically but not explode overnight into tens of billions.
- Adoption follows multi-stage scaling similar to stablecoins, from thousands to millions over time.
Prefer Permissionless For Growth
- Avoid permissioned tokens if you want rapid, interoperable growth and broad adoption.
- Embrace permissionless designs to benefit from crypto's network effects and scale.