Security Token Market brings Securitize, Onyx, WisdomTree and other key leaders together for Miami’s first tokenization conference

By Anayansy Hernandez

There’s no time like the present to learn about tokenization, at least that’s what the 500 attendees at TokenizeThis conference proved. Last week, Security Token Market’s  first tokenization conference in Miami united leaders and participants in tokenization and real-world assets for an informative three-day event.

“With the Real World Asset (RWA) industry reaching an inflection point where mainstream investors, traditional finance firms, and crypto enthusiasts are all embracing tokenization technology, we felt that Security Token Market was uniquely positioned to bring together the leaders and pioneers in one place for the industry to convene, collaborate, and grow. And what better place to do it than our city of Miami,” says Herwig Konings, CEO of Miami-based Security Token Market, a repository for security tokens trading data and news. The startup tracks over 500 security tokens valued at over $25 billion in market capitalization.

During day one of the conference held at the James L. Knight Center in downtown Miami, the focus was on RWA and industry trends. Distinguished companies such as Coinbase, RealT, and INX shared their thoughts on what is currently happening in the market and where tokenization is headed, while former SEC Commissioner Troy Paredes shared insights into the legal landscape and regulations. Day two placed a focus on Wall Street. The agenda featured significant banks and asset managers who shared on how tokenization is growing and transforming markets. On its final day, attendees could attend a tokenization crash course and learn the ins and outs of its technology and legal ecosystem.

Keynote speaker Carlos Domingo, CEO of Miami-based asset tokenization startup Securitize, walked the audience down memory lane and highlighted the biggest differences in tokenization since 2017. Domingo pointed out that regulations and licenses from the SEC have made it safer to tokenize and have added more credibility to the space. He also shared on BUIDL, BlackRock’s first tokenized fund which is fully on-chain on the Ethereum network. BUIDL became the largest tokenized fund in history 40 days after its launch. According to Domingo, in the future, we can expect the fund to be on many other chains and have pure on-chain management, and investors would post it as collateral while earning a yield. Securitize recently announced a $47 million fundraise led by Blackrock.

The team from Project Guardian, a joint initiative by Onyx and Apollo, also took on the stage to explain their use case. The industry initiative was led by the Monetary Authority of Singapore and its goal was to “enable a portfolio manager to seamlessly manage a large number of discretionary portfolios that includes both traditional assets and alternative investment funds that are tokenized on multiple assets,” Stephanie Lok, product manager of Onyx, said. The project found some challenges such as the fragmented tokenized investment ecosystem, creating access and liquidity challenges. However, in the future, connected, interoperable platforms can enhance the investment universe and provide investors with a seamless user experience, she said.        

The conference catered to all attendees. Seasoned professionals gained insights from experts at the forefront of tokenization and newcomers had introductory sessions that demystified complex concepts, offering a pathway into the world of digital assets.

Carlos Domingo, CEO of Securitize, and Herwig Konings, CEO of Security Token Market, take the stage at TokenizeThis. At top of post: Jason Barraza, COO of Security Token Market, Stephanie Lok, Product Manager, Onyx by JP Morgan; Maredith Hannon, Head of Business Development Digital Assets, WisdomTree; Anthony Moro, CEO, Provenance Foundation; and Bob Yostpille, Head of Business Management at Oasis Pro.

READ MORE IN REFRESH MIAMI:

Anayansy Hernandez