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That tokenized “stuff” might be virtually something. Paintings, real-estate, luxurious gadgets, wine bottles, automobiles, carbon credit, and monetary devices like T-bills and shares — they’ll all go on-chain. “We’re making an attempt to get all the pieces to tokens, then we’re going to attempt to see if we will wipe out all the prices from the underlying programs,” says Allan Pedersen, CEO of the Monetalis group, which has labored to tokenize RWAs and use them as collateral on MakerDAO. Pedersen says they’ve tokenized $1.2 billion in treasury payments that are actually utilized by Maker as collateral.
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