Transcript (en)

They're coming in and they're going to run with this technology as fast as possible. They've now acknowledged it. The genie is out of the bottle, if you will. And every bank and asset manager is now looking at each other and saying, okay, who's making moves and how do we react to them? And who are we really going to team up with in this new era of finance that's coming? And the more that they are able to create their old moats, their network effects of controlling these systems, the more power they will have on what gets distributed, on what rates are set, Who can get access? If a new blockchain comes along and they have to win over BlackRock and Bank of America and Morgan Stanley and JPM all over again, that means TradFi, as we call it, right? Traditional finance once again owns this moat. Going back to decentralized finance or permissionless finance, as we like to call it, the idea what stems behind the RWA Foundation is to promote access to assets for all people. and to essentially enable a movement, right, that concentrates this liquidity and says, hey, we are not just going to succumb to the same old institutions all over again. We believe in supporting technology and startups that support the same mission to make it possible for us to access stocks, to access assets, to access financial services permissionlessly in a competitive and fair market that everybody can participate in. If you enjoyed this, be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets. Peace.