Algorand Foundation CEO Staci Warden said that asset tokenization can be a key driver of cryptocurrency growth. "Some protocols have exited the market, but I think the ones that are still running, they have a good sense of product-market fit and are working hard to pursue real use cases," he said.
Many protocols and companies are taking the time to be regulated and work on connecting the real world and the cryptocurrency world. “I don’t like the expression ‘real world’ because I think cryptocurrencies are part of the real world, but I think we’re seeing more and more participation there,” Warden said, citing one of the biggest avenues for real-world use cases. One is to tokenize assets and areas that are not yet tradable.