Rapidly scaling infrastructure
Massive capital efficiencies
Healthy markets
And you think the financial industry isn't ready to pounce on tokenized RWAs?
I wrote my bull case for tokenization on
@Nasdaq
Sooner than you think for
@0xPolygon
Dec. 20
As someone dealing with institutions on behalf of
@0xPolygon
all day long, its tough to rock a JPEG.
But I found one that's as money as my line of work.
How'd I do
@y00tsNFT
?
This is 2023 in institutions😅
It’s been a noisy year. But heading into 2023, I see a dominant signal emerging.
I think the next chapter in crypto involves asset tokenization and I think it will be the most practical, overarching application yet.
I wrote about it here.
Woke up this AM to news of Reddit building an NFT platform on
@0xPolygon
.
Went to lunch and came back to news that Robinhood has integrated $MATIC support.
Do devs ever sleep? Or do they only ship?
The latest addition to the network of institutions on
@0xPolygon
.
Libre isn’t just a proof of concept, or a name drop.
This is institutions seeing the business case for building their own chain with Polygon CDK, and doing it.
The institutions are here.
It was hardly my goal to become an
@0xPolygon
maxi, but when you work around this team, it’s harder to not be one.
If it walks like a bull, talks like a bull, and looks like a bull, it's probably bullish.
$MATIC
If 18 years on Wall Street taught me anything, it's that surely there's a better way to do finance.
That's why I came to
@0xPolygon
, for a better way forward.
Got to share my outlook at
@TechCrunch
on the future of finance.
Hint: it's DeFi, & it's here
The Chinese Post Office has issued digital stamps on
@0xPolygon
.
This may seem small, but it indicates a level of buy-in on tokenized RWA from the Chinese Government, which is certainly not small.
But hey, probably nothing right?
Cyberport community member DGS partners with China Post Hong Kong to issue digital stamps namely as "Year of Jia Chen" on
@0xPolygon
public chain, successfully combining the digital economy with traditional cultural innovation.
Why did
@Siemens
, Germany's third largest company, issue a $64m digital bond on
@0xPolygon
?
"we can execute transactions significantly faster and more efficiently"
It CAN be as simple as that - that there's an easier, faster way.
We are close.
@DelliBa14868299
@0xPolygonLabs
@sandeepnailwal
@MihailoBjelic
@0xMarcB
Polygon is deeply committed to being the premier platform of choice for global institutions and is proud to have supported early movers such as Franklin Templeton, Hamilton Lane, Ondo Finance, Abn Amro, Siemens AG and many others as they transition into a more digital future.
2024 is an inflection point for tokenization
Infra can now support the billions, if not trillions, of value
Security has always been the blocker
With ZK, even the most hesitant TradFi can get on board
2024 is the year of tokenization
ZK is the way
Type 1 prover means the highest level of compatibility with Eth.
It means connecting L2 to L2 to L1 EVM to Eth.
And the zkEVM prover will do it for an average per-tx cost of $0.003 with a 30 to 50X reduction on the horizon.
Interop grail.
Institutions are going onchain today.
“Where” is no longer about speed or cost. These are table stakes among L2s.
Where can we go NEXT is the question now.
ZK with composable institutional finance anyone?
Onchain today, aggregated tomorrow. On
@0xPolygon
Institutional Money is Bullish on Polygon.
10+ Financial Institutions with over Trillion Dollars in AUM are bringing funds onchain with
@0xPolygon
to tokenize RWAs while you're sleeping on other projects.
Deep Dive before its too late 🧵
There’s a $400B revenue opportunity that fund managers are trying to tap into with tokenization.
Pair that appetite with a unified liquidity layer on
@0xPolygon
Global markets unleashed.
Thanks
@richardpasqua
for having me.
Full:
Hamilton Lane on
@0xPolygon
Polygon as
@Securitize
blockchain of choice
These are obviously massive wins. But I mean it when I say it's truly bigger than this.
This is the first domino in democratizing the global financial market, seriously.
(1/7)
1. Ethereum
2. Polygon
3. "Others"
@0xPolygon
is home to many things, tokenization, gaming, etc.
But developers are the backbone of it all.
Such a neat feeling to be homebase for so many looking to build cool stuff in this space.
Digitally native access to BlackRock and Brevan Howard funds just went live on
@librecap
with Polygon CDK.
An untapped $30T AUM opportunity meets digitally native access the world's largest funds.
Onchain today is heating up. Aggregation next.
When Reddit NFTs were announced
#OnPolygon
, it was an exciting announcement, BUT a bit overlooked.
That's no longer the case, as
@Reddit
's “Digital Collectibles” have exploded, to the tune of 3m active wallets.
And today, it's an internet giant.
@google
coming to
@0xPolygonLabs
with their Blockchain Node Engine.
Devs can build, launch, & grow their Web3 products on Polygon protocols without the need for maintaining, and operating their own dedicated nodes.
Friction📉
Dev Activity📈
The powers that be embracing the powers that can be.
@HSBC
, one of the largest banks in the world by total assets, using
@0xPolygonID
to solve for the slow, repetitive, unsecure pain of proving identity online.
"Corporate money is flowing into crypto and it's going to one place."
The Motley Fool is talking about
@0xPolygon
Adoption isn't all about headlines & home runs, those are great, but its also about day-to-day conversations.
From Wall St, this is neat.
Welcome
@hamilton_lane
on
@Securitize
.
Next, the global financial markets on
@0xPolygon
Between democratized access and transparent infrastructure, tokenization will change the way the global financial markets operate.
Just getting started
#OnPolygon
Under the radar, a HUGE milestone in taking global finance onchain, on
@0xPolygon
PoS.
We are entering a new era, tokenization 2.0, where the institutions will interact ENTIRELY on chain.
Huge unlock for composability. Just wait till this liquidity is aggregated ;)
📣 Sygnum Bank, Hamilton Lane and Apex Group Expand Access to Private Markets via DLT-Registered Shares in USD 3.8bn Fund
▪️ Innovative approach aims to increase fund management efficiency and broaden investor access by automating and integrating
Global shared liquidity is key to mass adoption.
With unified liquidity, users on every chain have access to the highest level of capital efficiency.
That's how blockchain becomes usable.
Aggregation.
A unified environment, ready to scale securely.
Hamilton Lane and Franklin Templeton launching tokenized funds were just the start.
@librecap
launching their own chain is the next major step forward.
The BlackRocks of the world will join Libre in recognizing the value of open networks.
And
@0xPolygonLabs
is here to steward
I worked in “tokenization” for 2 years back when the security token narrative was hot 2018-2019. Was at a small fund focused on early stage defi projects and security token infrastructure then at a company aiming to build “carta for security tokens.”
Hamilton Lane and Franklin
Biggest launch to date - The Type 1 Prover: bringing ZK Proofs to your favorite chain.
With the Type 1 Prover, the AggLayer now universally unifies liquidity across the EVM landscape.
All EVM L1s and L2s, welcome to unified liquidity on
@0xPolygon
As much as I like to talk about what we are doing at
@0xPolygon
, I'll be quiet this time. Because
@paulbarrontv
's coverage of our ecosystem says it all.
#BULLISH
on the Polygon Network!
Tokenization 1.0 = institutions experimenting
Tokenization 2.0 = institutions onchain
Tokenization 3.0 = composable and aggregated
"digitally native" is the bridge from 2.0 -> 3.0
In other words, a MASSIVE unlock.
Historically, institutional developments with tokenized assets have taken place primarily offchain, where a fund is tokenized onchain but the subsequent shares are issued and exchanged via a traditional digital record.
But institutional interest is shifting to digitally native.
Tokenization is a utilitarian technology.
Unlocks for the end user. Rewards for the implementer.
Maybe the middlemen and fee-extracting intermediaries disagree.
But onchain, aggregated and composable finance is just SUCH a better solution.
Tokenization creates opportunity for the end user. But what's in it for the institutions?
-Broader access to investors -> revenue opportunities
-Derisking with ~atomic settlement -> capital freedom
TradFi is simply better onchain. That's before aggregation and composability 👇
AggWhat?
This interview with
@0xMarcB
and
@Jesseeckel
hits on everything you need to know about AggLayer on
@0xPolygon
.
A unified, trust-minimized layer of interoperability.
THIS is why I am bullish on the vision.
Just back from Dubai / Abu Dhabi and what a trip! 🏝️
Here at Polygon Labs we are brewing up a couple year end surprises for the community 🎉
Stay tuned 🎁🎁🎁
zk proofs on Polygon protocols have created the ability to aggregate securely between ecosystems, a key draw for institutional adoption.
Now, the institutions are bringing innovation to the network themselves.
@realcryptocolin
explains for
@Nasdaq
:
The "trend" of tokenization has come & gone with market cycles before.
"Gone" because the foundation of infrastructure was never set.
But in 2023 the groundwork was laid that enables the next wave of tangible on-chain results.
The story of 2024? I wrote about it for
@CoinDesk
Not sure what’s more impressive-
The honor of working for a TIME100 influential company
Or
@fwiz
getting us all to post his headshot
Either way, it’s a privilege to be on this journey alongside both.
Still more work to do
@0xPolygonLabs
💜
the future of institutional finance is bright
the future of institutional finance is aggregated
the future of institutional finance is composable
the future of institutional finance is close
2 years ago,
@0xPolygonLabs
placed a large bet on ZK.
Today we are seeing that solution live on mainnet.
The ZK-tech-stack is taking large, historic swipes at the blockchain trilemma.
We are scaling the secure, decentralized Ethereum Network.
Great discussion on the personal journey into crypto, Polygon agg layer, and of course, the future of tokenization!
Thanks to Alec Burns and Jack Davies for hosting.
Polygon 2.0 is coming, and with it comes a simplicity of use, of understanding, of existence.
crypto can be way too complex. Chain X to chain Y to L2 to L3.
Polygon is guilty of that too of course.
but we're simplifying it.
one ultimate value layer, coming this summer.
1/ Our vision for Polygon is simple: to build the Value Layer of the Internet.
The Internet allows anyone to create and exchange information. The Value Layer allows anyone to create, exchange, and program value.
Enter Polygon 2.0: a blueprint to build the ultimate Value Layer.
The tokenization of real-world assets continues to gain momentum.
The Boston Consulting Group estimates that this industry will reach $16 trillion by 2030. 👀
Why tokenization will disrupt financial markets 👇
This adoption fund is more than just giving exposure to institutions.
It's about giving them access to onchain unlocks, like liquid staking, aggregated liquidity, and composable finance.
The institutions are discovering liquid tokens with yield.
TradFi simply better onchain.
1/ Nomura’s
@LaserDigital_
and WebN’s incubated company
@TruFinProtocol
introduce a dedicated
@0xPolygon
adoption fund, focusing on giving institutions access to the Polygon ecosystem’s technology developments and enhancing the Polygon network's security and robustness by
The bottom line here is that the future is going to be modular and $MATIC and
@0xPolygon
are well positioned to operate at the scale needed for mass adoption!
Polygon has announced partnerships with Disney, Meta, & more. Avalanche has been steadily onboarding major GameFi like
@PlayCrabada
&
@DefiKingdoms
.
But what are the ACTUAL differences between Subnets and Supernets? We sat down with both teams to find out:
What a month it was for the
@0xPolygonlabs
team.
April Showers you could call it.
March had zkEVM, thought it would be hard to beat.
But we did it anyway... SO let's recap 👇
I will keep shouting this from the rooftops: Tokenization will change the global financial system. It will be the quiet onramp for mass adoption.
wen tokenization on
@0xPolygon
? 👀⌛
A lot of smart people are building a lot of important things on blockchain. The tokenization of financial markets could be one of the most impactful.
You may have heard this story before, difference is today there is a real, tangible catalog of value-added use cases.
Tokenization is all the buzz (once again) and for good reason.
The tokenized market of financial and real-world assets is projected to climb over $4 trillion by 2030.
A deeper look into the next wave of innovation:
.
@OndoFinance
#onPolygon
is huge.
In the current environment, sustainable on-chain yield is hard to find and sorely needed.
Innovations around tokenization like OUSG engender a future where on-chain and traditional financial markets can harmonize.
Mastercard bringing trusted interactions to blockchain, with
@0xPolygonLabs
as a key contributor.
Every innovative tech comes with a nuanced set of vulnerabilities & it's great to be working with a major payment provider to tackle compliant, verifiable interactions.
Tech wasn't ready for institutions until ZK.
Institutions weren't interested because fragmented liquidity
Unified liquidity through zk tech? Now we're talking.
The biggest inhibitor to mass adoption is friction.
@opensea
just expanded
@0xPolygon
support to include $MATIC integration and improved UX.
First scalability, now friction, what is
#Polygon
knocking down next?
Amazing to have
@FTI_US
launch
#onPolygon
The recognition of the efficiencies blockchain affords legacy institutions is a huge step toward tradfi rewiring.
Welcome to capital efficiency and faster transacting. Welcome to a world of possibilities.
Why we are so high on what we are building here at
@0xPolygon
?
Check out this
@CumberlandSays
report written by
@SteveGoulden8
, a deep dive into Polygon's L2 leadership and growth strategy.
WARNING: could turn you into a $MATIC bull.
Our
@BitGo
partnership is just the start of a long, exciting year.
Institutional custody solutions are probably going to be a hot item once the rest of [redacted] rolls out.
Might as well have one of the best solutions around.
🪙
@BitGo
launches support for
#Polygon
🥳
It now offers Polygon’s native MATIC token in hot wallets & qualified custody.
MATIC holders now have the ability to stake their ERC-20 MATIC tokens through BitGo and earn rewards.
A few of the reasons why BitGo made this move 👇
After
@instagram
,
@facebook
officially begins testing Polygon integration! 🤯🔥
If deployed widely, anyone in the world will be able to connect their Polygon wallet to Facebook and display NFTs as posts.
Mass adoption infrastructure in the making. 🌎💫
Tokenization will restructure global finance, but the main obstacle right now is having the infrastructure to host it.
@obligatecom
is fixing that, on
@0xPolygon_Labs
Tokenized debt and bond marketplace, who's sweeping floors with me?
"By leveraging
@wearemoreliquid
DeFi platform, investors gain control and flexibility over their digital real-world assets"
Digitally native today, Composable and aggregated tomorrow.
Institutions onchain on
@0xPolygon
are making that choice with a vision for the future.
🔥 We are delighted to announce that
@wearemoreliquid
partners with us to tokenize HSBC Euro Liquidity Fund, a money market fund (
#MMF
), to further distribution reach.
#tokenization
#RWA
Earlier this week we announced Polygon 2.0. But it wasn't a product drop, as many thought.
Some said it was an announcement of an announcement, NFT-founder style😅
But really, it was a roadmap. One that leads us to discovering the Value Layer of the Internet.
A pragmatic approach to Web3 adoption.
@0xPolygon
and $MATIC aren't built on vaporware and extravagant promises.
They are built on the thesis that adoption comes when Web3 is useful, practical, and scalable.
Polygon cofounder
@sandeepnailwal
dives deep into $MATIC and how
@0xPolygon
is planning for the future with our Head of Investor Relations
@Ray_scale
.
Watch the replay here:
I just attended
@MessariCrypto
Mainnet, my 6th crypto event with
@0xPolygon
through 6 months in this space. It was a great event, but crypto conferences can be a challenge to navigate!
Here are some of my general tips and takeaways:
(1/X)
When I left TradFi this year, it was a leap into a world of volatility.
But I came here because I believe crypto will have an outsized impact on the world. And that
@0xPolygon
is paving the way forward.
Proud to be at
#Polygon
, volatility and all.
Leaving particle physics for a blockchain idea? Crazy.
But you need to be a little crazy to get stuff done here, and what
@avtarsehra
is doing with
@librecap
on
@0xPolygon
is just the right blend of crazy and visionary.
We got away from the point with CEXs.
@0xPolygon
and
@AaveAave
are prepared to guide us back.
Decentralized, trustless, and transparent finance is the way!
The
@bancaditalia
jumping in to experiment with defi and security tokens.
The goal: help tradfi institutions experiment with security tokens and execute transactions using DeFi rails in a safe, regulated manner.
And of course, it's on
@0xPolygonLabs
Going live at the top of the hour to talk about what is kicking the institutions in the butt and getting them to move, among all things
@0xPolygonLabs
Tune in!
Financial institutions are rushing to put assets on the blockchain... Why?
@0xPolygonLabs
, Global Head of Institutional Capital,
@RealCryptoColin
joins
@AshBennington
for a look at why major players are moving so quickly.
LIVE 12PM ET
Here for the tech might be a meme for you. But it’s serious for the institutions.
Fortunately, the tech is gud.
There’s a lesson in there. (It’s that AggLayer more bullish than you think)
The greatest inhibitor to mass adoption? Regulatory clarity.
The lack of is a byproduct of new tech with a function and definition that isn't readily apparent.
We have real solutions here
@0xPolygon
, we just need to do a better job of defining them.
"How does tokenization matter to me?"
"Why care about institutions in this space?
I'm trying to open the heavy doors on everything you ever wondered about why institutions matter in crypto.
Join me once a month for a peek inside the institutions, hosted by
@jackmelnick_
SAVE THE DATE for our first episode of “Inside the Institutions.” 👀
Join
@realcryptocolin
as he discusses:
☑️ Leading Polygon Labs down the road to institutional adoption
☑️ MORE
Set your reminder:
The pursuit of the perfect L2 appchain ran into the walled garden - complex dev, isolated liquidity, slow interop
Enter
@0xPolygonLabs
CDK - open-source code that anyone can use to launch an L2 ZK chain.
We get farther with open doors than with walls.
Mcap and inflow are cool numbers, but what sticks out to me?
MoM user base growth of 7%
Beyond $MATIC, the number one goal at
@0xPolygon
is building an ecosystem that USERS want to USE.
I think the proof is in the pudding.
Month of August
#onPolygon
by Polygon Analytics👇
📈Surge in inflow vol ($611 Mn, +113%) for 2nd month in a row
📊Mcap: $6.5 Bn (+14%), highest since April’22
dApp Spotlight (userbase):
🎮Gaming:
@UltiChamps
(35k, +260%)
💸DeFi:
@QuickSwapDEX
(124k, +24%)
[1/2]
We're teaming up with
@0xPolygonLabs
to unpack the staking opportunities that lie ahead of institutional investors looking to make their assets work harder for them in our upcoming webinar on 1 June, 2023.
Sign up here ➡️
Tokenization isn't just about the names. It's about the access for everyone.
Historically inefficient processes mean higher thresholds for entry.
Blockchain=efficiency=more accessibility
#onPolygon
of course.
.
@Securitize
launches a tokenized feeder fund, w/ exposure to a
@hamilton_lane
$96M private credit fund
#onPolygon
✨
Building on January's flagship launch, SCOPE is further broadening access to unlock the value created in private markets 👏🏾
More:
The tokenization of RWAs is a no-brainer at the root of the idea.
Without infrastructure, it’s just an idea.
Until~
@taurus_hq
is making it so that banks, brands and issuers have a one stop shop for tokenizing anything on
@0xPolygonLabs
.
Huge!
The potential to tokenize any asset is an exciting step for blockchain tech, opening up new types of secondary markets for alternative assets.
Investing in shares of fine art? ✅
Real estate? ✅
Intellectual property? ✅
Secure partial ownership? ✅
Now on
@0xPolygon
We’re excited to announce Securitize now fully supports asset tokenization on the
@0xPolygon
blockchain, beginning with the Artory/Winston art fund, enabling lower fees and faster transactions for businesses raising capital and investors! More:
#Polygon
You can now bridge your USDC on Polygon PoS onto the
@DeVolNetwork
options trading platform.
Options offer the ability to express an opinion about the market.
Let’s break down what that means with the DeVol team in Discord.
"The institutions are coming, the institutions are coming!"
said everyone way too many times.
But, despite being long overhyped, the institutions are here.
This market is flooded with noise right now, so here's a little signal for you to read:
After 18 years on Wall Street, it was clear the most successful people were the ones who found an edge.
After 6 months in
#Web3
, it’s clear that if you’re already here and actively learning, you have an edge.
"An overnight success 10 years in the making."
Whoever wrote this article 4 years ago probably had some decent points.
But 4 years later and it seems like it's coming together suddenly.
Hint: It's not.
I just got back from Token2049, where I had access to some of the most industrious & insightful institutional leaders from around the world.
Regardless of the macro, this space is healthier than you think.
Here's what I saw in those meetings:
(1/16)
Is that a lot?
Jokes aside, excited about the prospects of the merge handling the sustainability issues conversation and clearing the runway for richer ideas about how web3 can and will positively shape our future.
@0xPolygon
plays a huge role in that!
A whopping 99.91% of
#Polygon
’s network carbon emissions will be canceled out post Merge. 🤯
Reducing the annual total to just 56.22 tCO2e!
That footprint, a fraction of Polygon’s closest competitors, will make the chain one of the greenest in
#Web3
. 💚
[7/11]
Why are
@FTI_US
and
@hamilton_lane
getting involved now?
Why is tokenization imminent now vs. it’s presence in the last hype cycle?
Because the infrastructure is here this time and it finally makes sense.
One small step for
@0xPolygon
#zkEVM
, one giant step towards a seamless scaling solution that precedes the mass adoption of Web3 into our daily lives.
The future of Ethereum is
#onPolygon
.🦄💫
When we unveiled Polygon
#zkEVM
in July, it was a milestone not only for Polygon, but also for Ethereum & Web3.
We're proud to announce Polygon zkEVM Public Testnet, the world's 1st open source zkEVM network!
Pleasure speaking at the
@getcogni
launch event with
@archrav
Cogni is a super wallet at the forefront of rebuilding the personal finance user experience.
One thing that everyone agrees upon in web3 - the UX needs to improve, and Cogni is making onramps EASY.