Shaping an emerging token economy with Brickken: AMA recap
Brickken CEO and co-founder Edwin Mata shared his views on the future of tokenization, the company's plans and inner workings during Cointelegraph's recent AMA session.
While real estate currently makes up the largest part of tokenization, Mata believes that as we move deeper into tokenization and the emergence of financial instruments 3.0, we'll see more tokenization, especially in corporate equity.
According to Mata, tokenization, which could be seen as an evolution of financial instruments, is still very much in the building phase. "Right now, we're trying to understand all the complex pieces that will shape the future token economy - financial instruments and markets, equity, tokenized money, the practice of self-wallets, self-custody and self-ownership.
The next step will be the transformation of all these parts that move on the blockchain, affecting everything from real estate to CBDCs. It can provide a level of optimization in financial mechanisms that has never been seen before. And in the end, we may have a new type of securities market", he said.
Mata noted that institutions have become less fearful of tokenization in recent years. Due to updated regulations and growing evidence of its benefits, they are now more aware of the various aspects of the field and are eager to be part of the revolution, especially as more big-name funds and institutions come on board. "People are building now because they believe they are part of something that is stable, secure, legal, compliant and everything you need, especially in the case of financial instruments," he added.
"We started Brickken because we wanted to tokenize real estate. We wanted to be a normative player in terms of how tokenization works," Mata said in response to
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