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