- Balaji Srinivasan promotes a future of onchain property.
- Expects financial assets to secure onchain.
- GENIUS Act supports onchain asset classes.
Balaji Srinivasan, former CTO of Coinbase, recently shared his vision on X that all valuable assets could eventually be secured on the blockchain globally.
Srinivasan’s insights highlight blockchain’s expanding role in asset security, signaling potential shifts in financial markets, regulatory landscapes, and institutional investments.
Balaji Srinivasan, former CTO of Coinbase, envisions a future where all property is secured through cryptography. He highlights the role of blockchain in transforming valuable assets into digital, secure entities managed onchain. As he states:
“All property becomes cryptography… For 99%+ of what’s valuable, for every financial asset and capital asset, we will secure it onchain.”
Srinivasan envisions a world where every financial and capital asset exists onchain. He emphasizes the legal feasibility of onchain stocks, bonds, and other financial instruments. He supports this through the Network School Fellowship.
His propositions align with regulatory advancements, such as the GENIUS Act, enhancing legal recognition of onchain asset classes. This shift signifies broader institutional acceptance.
Ethereum and stablecoin-supporting Layer 1 blockchains are witnessing increased institutional inflows. These shifts indicate a transition towards blockchain-backed asset security. Market activity shows a growing confidence in Ethereum’s infrastructure.
The Network School Fellowship’s funding initiatives demonstrate a grassroots interest in onchain developments. These efforts support the technological evolution towards secure property digitization.
Potential outcomes of Srinivasan’s thesis include enhanced financial innovation and regulatory frameworks. Historical parallels with the growth of digital gold via Bitcoin suggest promising prospects for broader asset tokenization.
