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Peter Schiff teases tokenized gold offering
Veteran fund manager Peter Schiff, well-known for his skepticism of Bitcoin, has finally praised something related to crypto. But he has reserved his praise for the blockchain technology that powers cryptocurrencies for tokenizing gold, not cryptocurrencies themselves. On July 8, Schiff hailed the process of tokenization of real assets to expand liquidity and portability and underlined that gold getting tokenized is where he always said blockchain and crypto would ultimately end up. Tokenization refers to the process of using blockchain technology to digitally represent real-world assets (RWAs) as tradable tokens and ... (full story)
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