“I’d argue conventional finance’s message for the long run that trillions of {dollars} will probably be tokenized is totally disconnected from corporations which can be innovating with RWAs,” Quensel stated in an interview. “TradFi’s understanding of a token as a database document does not make any sense to DeFi. A token will not be a database document; it is code operating by itself that is executable, transferable, has its personal logic, rights and prospects.”