Reid

Tokenization doesn't need DTCC. That's the whole point. Self-custody. Self-settlement. Atomic clearing. None of it routes through a centralized clearinghouse. The DTCC shareholders are exactly the incumbents that builders are trying to disintermediate. Them tokenizing is a defensive move, not a step forward. Got into this with RedStone ♦️ pod. What does "tokenized" mean if the same gatekeepers still hold the keys?