Crypto
Wall Street\'s tokenisation boom faces liquidity shortfall, Axis CEO says
The on-chain real-world asset (RWA) market has surpassed $32 billion for the first time, but the industry needs liquidity infrastructure to support actual trading rather than more issuance, Axis founder and CEO Chris Kim (크리스 김) said. He said Wall Street’s tokenisation push is focused on issuance, while tradability will determine the market’s future value. Liquidity varies by asset, and fragmentation across blockchains also hampers trading.