Matthew Dawson (@ismiMatthew), Enterprise Lead at the @ethereumfndn, addressed one of the most underreported gaps in the tokenized asset ecosystem at Hack Seasons Conference Cannes. "A lot of tokenized assets on Ethereum are not being utilized — only 1% to 5% are active in DeFi. That is partly because DeFi was developed for permissionless assets, and it now needs to be upgraded for permissioned assets. That is a long way to go." His emphasis is consistent with the Ethereum Foundation's focus: continuing to build on the technology and roadmap rather than chasing market narrative. The path from tokenized assets existing on-chain to those assets being genuinely useful runs through DeFi protocol upgrades.
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