What Does Web3 Mean For Your Wallet? Anthony Scaramucci Explains

SkyBridge Capital founder Anthony Scaramucci will lead a discussion at Benzinga’s upcoming Crypto Revolution: Web3 and the Future of Finance on Tuesday, April 30.

This online event, slated to begin at noon EST, will explore the evolving role of cryptocurrencies and Web3 technologies in reshaping the financial industry, including topics such as decentralized finance, NFTs, and blockchain applications.

Who’s Speaking?

Scaramucci will be joined by other industry leaders such as Zach Pandl, David Packham, Reid Simon, Jason Barraza, and Joey Garcia. Each expert brings a unique perspective on the digital disruption of financial systems.

Vision for a Digital Financial World

Jason Barraza, COO at Security Token Market, provided insight into the trajectory of asset tokenization, asserting, “The tokenization of RWAs is poised to become mainstream in the next five to eight years, with multiple asset classes, banks & asset managers, and individual investors all coming on-chain.” He reflected on the substantial growth over the past six years, foreseeing no slowdown in the trend.

Blending Crypto and Conventional Finance

Reid Simon, head of credit at Securitize, discussed the emerging synergy between the crypto world and traditional financial institutions. He detailed, “Today, we’re seeing unprecedented convergence between two worlds: at the same time as crypto further embraces regulation, traditional institutions—who largely abstained from this roughly $3 trillion market—are now allocating through spot ETFs and tokenized securities in a very big way.” Simon emphasized Securitize’s critical role in this transition.

What’s at Stake?

The webinar promises a thorough discussion of how digital technologies are forging new paths in finance. It will touch on traditional financial institutions’ acceptance of digital assets and the evolving regulatory frameworks. Attendees will gain an in-depth understanding of the opportunities and challenges at the intersection of technology and finance. Sign up today.

Image: Flickr