“Tokenization is an important first step, but the natural conclusion is a transition to digitally native assets,” Shaun Martinak, head of infrastructure development, Coinbase Asset Management, said in an email. “Instead of tokenizing off-chain assets, this digitally-native debt instrument was created and matured fully on-chain, with an automated lifecycle that takes full advantage of next-generation infrastructure.”
Source: https://www.coindesk.com/business/2023/12/12/coinbase-debuts-rwa-platform-built-on-base-under-abu-dhabi-regulators-oversight/?utm_medium=referral&utm_source=rss&utm_campaign=headlines