According to foreign media, the Chief Executive Officer of Airbnb, Brian Chesky, has recently spoken publicly about the monetization of real world assets (RWAs) as a “real change” in this direction under much noise. However, he did not publish any specific encryption plans for Airbnb.

It's not the token, it's the holding threshold.

Chesky indicated that the discussion around monetization often focused on block chains and tokens per se, but was even more concerned about changes in the way assets were held. According to him, if a part of a property, bond or fund is held, it can be as simple as sending a message, the ownership of assets is no longer a privilege for a few.

The basic logic of RWA monetization is to digitally map traditional assets such as real estate, bonds, private credit and funds on the block chain network. As a result, investors would not have to buy the full assets at once and would have been able to gain access by way of share.

Chesky mentioned four potential advantages.

  • Assets held in smaller shares
  • It's faster, near real time.
  • Market time can be extended 24/7.
  • The threshold for cross-border participation is expected to decline

In his view, these changes had the potential to reduce the long-standing barriers to access for traditional financial products. At the same time, however, he noted that the final victory would not be the technical option itself.

Platform trust remains a prerequisite for landing

Chesky cited the early development of Airbnb as an example of a stranger ' s willingness to share a house, provided that he believed that the platform would guarantee trade and compliance. The same applies to monetized assets. Investors need to confirm that the bottom assets are real, well managed and can be paid when needed.

At the same time, traditional financial institutions continued to promote the monetization of the system. Some analysts also see the RWA as one of the more focused directions of long-term growth in the encryption industry, with asset management companies, banks and financial technology firms exploring traditional financial products based on block chains in recent years.

Chesky believes that this change may appear to be slow at an early stage, but that if the scope of adoption continues to expand, users may not ultimately continue to focus on the bottom technologies themselves, but will more naturally accept new asset holdings and transfers.