Australia’s Central Bank Dives Into Wholesale Tokenized Assets – A Game Changer for Finance?
Brace for disruption—Australia’s central bank is jumping headfirst into tokenized asset markets. No more toe-dipping: this is wholesale adoption.
Why now? The RBA sees the writing on the blockchain. Traditional finance moves at glacial speed—meanwhile, DeFi eats its lunch. Tokenization cuts settlement times from days to seconds, slashes middlemen, and unlocks liquidity for everything from bonds to real estate.
The catch? Banks still think ‘crypto’ means Bitcoin price swings. Spoiler: institutional adoption looks nothing like meme-coins. Expect pilot programs, not moon missions.
One cynical footnote: Wall Street will ‘innovate’ by putting the same old assets on-chain—then charge 2% fees for the privilege. Progress, sure. Revolution? Ask again in 2030.