Brian Dixon, CEO of Off the Chain Capital, believes that the next major crypto breakthrough will be a sovereign nation that issues Bitcoin-backed bonds.
“I know I said I didn’t cover Bitcoin, but I think Bitcoin debt at the sovereign level will grow exponentially,” Dixon told Rove Nelson and Roundtable. “As soon as the Sovereigns start getting it for their balance sheet, one of the most logical next steps is to create Bitcoin-backed bonds.”
Dixon argues that the move will introduce groundbreaking financial products and enable the government to use Bitcoin as a reserve asset and revolutionize public funding.
Alex Chizhik, chief commercial officer at Harrisx, sees Stablecoins and Tokenized Financial Instruments as the fastest growing sectors other than Bitcoin.
“Stablecoins exports US dollars to the world, which is net short dollars and tokenize financial instruments,” Chizhik said. “We need a framework for tokenizing financial products. We have 24/7 trading, which speeds up money. So it’s just something.
Chizhik’s take suggests that Stablecoins, particularly Tether and Circle’s USDC, will play a pivotal role in global finance, providing more liquidity and financial inclusion worldwide.
Bitlab Academy Director Kelly Kellam believes the symbolism of real world assets (RWAS) will become the most transformative trend.
“I think it’s going to be real-world asset tokenization, and I think it’s a different way to what people expect,” Kellam said. “We have real estate. We have art. There are so many different things that we can use RWAAED. It bridges the world of legacy systems, traditional finance and blockchain.”