OKX exec warns against hype amid real-world asset tokenization boom

Crypto exchange OKX’s CEO for its Middle East and North Africa (MENA) arm has urged the crypto industry to focus on delivering real-world utility as interest in real-world asset (RWA) tokenization accelerates.  In a Cointelegraph interview at the Token20249 event in Dubai, OKX MENA CEO Rifad Mahasneh warned that while tokenization is promising, projects must “clearly demonstrate” the benefits of tokenizing specific assets.  “In some cases, we’re tokenizing things that don’t need tokenization, but in some cases, we’re tokenizing things that actually give you real, everyday value, right? And if you can see that everyday value, then that is a promising project,” Mahasneh told Cointelegraph. The executive said that, similar to other industries, hype can drive project growth in the Web3 space source: https://cointelegraph.com/news/okx-mena-ceo-rwa-tokenization-boom-token2049-dubai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound