So in the same way that stablecoin legislation can kind of push forward US dollar dominance, I think tokenized securities can really push forward US company dominance in the global market.\u201d<\/em><\/p>\nTenev notes that by tokenzing securities on global blockchains, investors outside the US will be able to invest in American securities in a matter of clicks \u2013 rather than go through the cumbersome process of traditional banks and trading platforms.<\/p>\n
\u201cIt\u2019s very difficult to invest in a US company if you\u2019re overseas, and so in the same way that stablecoins made it easy to get dollars, tokenized securities will [grant] easy access to US companies, so we\u2019re excited about that. <\/em><\/p>\nI think that\u2019s good for the companies [and] good for people outside the US because they\u2019ll have access to these effective wealth building tools, which is another way to diversify if they have [a] loss of purchasing power due to local currencies that are devaluing sharply. <\/em><\/p>\nSo I think that\u2019s exciting, and I think it\u2019s also good for entrepreneurs and capital formation. If you make it easier to raise capital in the US by tapping into a global crypto market, you get a lot more interesting companies.\u201d <\/em><\/p>\n