The real endgame: Assets issued natively on-chain, not wrapped from TradFi.
RWAs & tokenization are just the first step.
As @samkazemian wrote - "settlement guarantees" only make sense for assets *without* issuers, like BTC or ETH.
But for RWAs, the guarantee depends on the issuer.
Example: $BUIDL on Ethereum is just a subset of BlackRock's liabilities.
If Ethereum goes down, BlackRock decides what happens next, because the real record sits off-chain, in TradFi.
But when assets are **natively issued on-chain**, the game changes:
- Issuers like BlackRock are now exposed to network risk.
- They’re incentivized to hold & stake ETH, SOL, etc.
- They need the chain to stay online and censorship-resistant.
Republic’s tokenization is just the first example of this future.
big news
soon you will be able to trade SpaceX (!) on Solana
which will be followed by Cursor, Ramp, xAI and more
internet capital markets

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