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06/24 05:18

Crypto critic Roubini joins tokenization boom with

#World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'Nouriel Roubini, the economist known as "Dr. Doom" for predicting the 2008 financial crisis and who later became one of crypto's most vocal critics, is making his first move into blockchain-based finance. Roubini co-authored a whitepaper for USAFi, a tokenized investment product being developed by Atlas Capital Team, according to a Tuesday announcement. USAFi is the tokenized version of the Atlas America Fund (USAF), an ETF overseen by Roubini and listed on Nasdaq. Atlas described the token as a blockchain-based security that gives investors exposure to the underlying fund while allowing it to move and settle on blockchain rails. The company plans to launch the asset in the third quarter under Dubai's Virtual Assets Regulatory Authority (VARA) framework, the firm said. Securitize, one of the largest tokenization platforms, said in an X post that it was selected to provide the tokenization infrastructure for the project, calling it Roubini's "first move into blockchain." The launch is the latest example of tokenization, a fast-growing sector that puts traditional assets such as funds, bonds and stocks on blockchain networks. Supporters argue the technology can make assets easier to transfer and settle, reach a wider set of investors globally while enabling around-the-clock trading. Major firms

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