Are Tokenized Stocks Real? | Gabriel Otte of Dinari
Episode publishedPodcast: BanklessBankless
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I think the full promise of tokenized stocks, like what we talked about just now in terms of everything becoming on chain, and there's settlement across all these different asset classes and things like that, that's exciting. K. I believe that is the future. I don't think that future is this year. I think that future is years away. Welcome
to Bankless, where today we explore the frontier of tokenized stocks. This is Ryan Chuan Adams. Just me today. David is out, somewhere climbing mountains, so I'm here to help you become more bankless. The question today, how close are we to the tokenized stock revolution? Like, when are we going to be able to have Tesla and Nvidia and Apple shares all on chain? It seems like we're partially here, at least over the past month it has. There have been platform announcements from Robinhood and companies like xstocks. They're listing these on chain stocks, some of which are available in the Europea
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Bankless nation, we are joined by Gabriel Ott. He is the cofounder of a tokenized stock company called Denari. He's also a serial entrepreneur coming to Bankless to help us make sense of all of these tokenized stock things. Gabriel, welcome to Bankless. Thank
you for having me. Okay.
What are we doing with tokenized stocks? Why are people excited? Just give us the lay of the land.
I think, overarchingly, the goal for us has always been how do we bring capital markets on chain in a sustainable and legal and compliant way. It is the biggest asset class, stocks. Right? And and we want to we want to make that as borderless as possible, as interchangeable as possible. You know, even simple things you can imagine, like swapping an Apple share for a Google share directly. You cannot do that off chain today.
Wait. Wait. Wait. You can't just wait. You can't just swap a Google share for an Apple share in a one to one way the way you could swap any asset for another asset on Uniswap? On
Uniswap, you can well, I mean, we can get into that. But what I was talking about is, like, in the traditional exchanges today, like the Robinhoods of the world, the Schwabs of the world, and things like that, you can't do that. Okay.
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