Too Long; Didn't Read
“Tokenization” is pitched as an efficient way to securitize small deals, under $80M. However, it suffers from a deep underlying problem, which is that small cap deals make bad security investments. They don’t consistently deliver profits for passive security buyers, and <a href="https://medium.com/aboveboard-news/the-real-sto-market-outlook-near-death-b822afa22495" target="_blank">investors are not buying</a>. If there is no way to package small offers for passive investors, then the current “tokenization” pitch is a dead end. Is your deal dead? In this article, we examine the size of the problem and propose some enhancements.