Genius Trading CEO says tokenization requires real-world utility

Armaan Kalsi, co-founder and CEO of Genius Trading, stated that simply moving assets on-chain is insufficient. According to Cointelegraph, he emphasized that there is no inherent value in the mere act of tokenization. For instance, Kalsi noted that turning a stock into a slightly more interesting form of a token adds no value on its own. He stressed that the success of tokenization hinges not on simple digitization but on providing practical applicability and new forms of utility.