/biz/ - Business & Finance

>BridgeTower Capital is partnering with Securitize, a provider of digital assets securities, to launch the BridgeTower Global Platform offering for Permissioned Markets. BridgeTower is also launching a staked digital asset security (SDAS) that will run in an Avalanche subnet.
>Investors need to create a Securitize iD, in which their identity is verified consistent with U.S. regulatory standards. They can then invest in opportunities across the BridgeTower ecosystem, as well as Securitize’s own offerings, including shares in private companies and institutional-grade funds.
>Transactions will utilize smart contracts and regulated custodians will provide transparency around asset collateralization using Chainlink Proof of Reserve, an oracle solution for auditing on-chain and off-chain reserves. Using Chainlink Proof of Reserve to verify the collateral of wrapped tokens across the multi-chain ecosystem, BridgeTower’s Permissioned Markets will unlock asset liquidity across many of the world’s most significant blockchains, the companies said.
I hope you guys realize that when the Wild West part of crypto is over, and we're all just watching tradfi run on blockchains, that it's not going to be 1/10th as fun or as lucrative as it is now. Honestly enjoy this period while it lasts. You'll miss it.