DeFi· ★★· bullish·

Eric Trump: Big Banks Are Moving Into Crypto, RWA Tokenization to Expand

  • —Eric Trump says banks including JPMorgan and BlackRock are rapidly entering crypto
  • —Trump Organization plans to tokenize Dubai Trump Tower for fractional ownership
  • —Tokenization could extend to real estate, art, music and commodities
  • —Trump says the crypto community has 'beaten' major banks
Why it matters: A signal of closer ties between TradFi and crypto, though no timelines or deal sizes were disclosed for the Trump-linked tokenization projects.
Source: TokenPost
More on this
DeFi · Oct 7
Eric Trump calls tokenization 'philanthropy' ahead of Token2049 keynote
 Macro · Oct 7
Eric Trump: Faster AI Growth Is Good for Crypto
 DeFi · Oct 6
Turtle expands into full-stack RWA tokenization, acquires Lunar Strategy