70% of Tokenized Assets Fall Short on Transparency, Report Finds

🎬 70% of Tokenized Assets Fall Short on Transparency, Report Finds
Chronicle Founder Nik Kunkel joins CoinDesk's Kate Irwin on Markets Outlook to unpack their new report that found over $12 billion in tokenized assets falling short on transparency. Kunkel breaks down the five pillars every tokenized asset needs to meet, why roughly 70% of the assets reviewed don't clear the bar, and what real-time, verifiable proof-of-asset data means for institutions like BlackRock, BNY Mellon and Galaxy racing to bring trillions onchain.
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➤ A new report by Chronicle reveals that over 70% of tokenized assets, totaling $12.3 billion, lack sufficient transparency, hindering their integration into DeFi and institutional adoption.
➤ The report identifies five key pillars for transparency (transparency, independence, granularity, frequency, verifiability, and on-chain availability) that are currently unmet by most tokenized assets, creating challenges for risk management.
➤ Chronicle's 'Proof of Asset' product aims to bridge this gap by connecting to various actors in the asset supply chain to provide cryptographically provable, on-chain data for real-time risk management and institutional integration.

#tokenization #transparency #proofofasset #DeFi #BlackRock #BNY Mellon #Galaxy #Chronicle

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