
🚨🇺🇸 US JUST UNLOCKED TRILLIONS OF DOLLARS IN LIQUIDITY FOR THE CRYPTO MARKET. Today, the Fed, OCC, and FDIC issued a joint statement saying that any US bank can hold any tokenized security on their balance sheet without any penalty. This means tokenized assets could be used as collateral assets. And most importantly, it'll apply to both private and public blockchains. As we know, RWA tokenization is currently one of the most-talked-about narratives in the TradFi space, and with the recent development, the growth will be even higher. For those L1s that are already dominating in the RWA tokenization space, they'll witness more on-chain activity and more token usage for gas fees, eventually sending their prices higher.
