#资产代币化 Qatar Doha Bank's $150 million digital bond has gone live, with the most impressive part being the realization of T+0 real-time settlement through a DLT platform. This is practically a dream in traditional finance.

The key point is—note that it uses Euroclear's regulated DLT system, not some public blockchain. What does this imply? It shows that institutions are finally understanding that asset tokenization doesn't have to rely on public chains; instead, regulated professional infrastructure is more appealing. Real-time settlement, legal guarantees, and seamless integration with existing systems—these are what institutions truly need.

Standard Chartered, as the coordinating bank, listed on the London Stock Exchange, backed by major names. This isn't hype from some crypto project; it's a real upgrade in financial infrastructure. Previously, it was said that asset tokenization could only be achieved through crypto circles' self-indulgence, but now traditional finance is seriously getting involved.

The era of tokenized debt has indeed arrived, but it might not follow the path we imagined—it's not necessarily about public chains replacing traditional systems, but rather optimizing efficiency within the existing framework using distributed ledger technology. Whether this is good news or awkward for the crypto world, you can interpret it yourselves.