TradFi should choose blockchains by purpose, not name recognition, says Chainalysis

Blockchain analytics firm Chainalysis argued in a blog post that traditional financial institutions should prioritize business objectives and asset characteristics over brand recognition when choosing a blockchain for tokenization. The firm noted that no single blockchain is a perfect fit for all assets. It explained that the optimal network depends on the specific characteristics of the asset being tokenized, much like how money market funds (MMFs) and high-frequency trading applications require different infrastructures.