Industry speakers at Paris Blockchain Week said tokenization can broaden access and issuance, but it does not by itself create active secondary markets for illiquid assets. Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create active secondary markets. Speaking during a panel moderated by Cointelegraph CEO Yana Prikhodchenko, Oya Celiktemur, Ondo Finance sales director for Europe, the Middle East and Africa (EMEA), said there is still a misconception that tokenizing illiquid assets can make them easier to trade. “I think there’s still this idea that tokenizing something illiquid will somehow magically make it a liquid asset, which is just not true,” said Celiktemur. She added that assets like real estate and private credit “were never that liquid” to begin with. Read more
Alongside hundreds of others forced to flee south Lebanon, Amani Atrash and her family waited eagerly on Friday morning for bulldozers to reopen the Qasmiyeh bridge, which Israel bombed just hours before a ceasefire began. Her family was among the tens of thousands of people hoping to go home after being displaced by the Israel-Hezbollah war — despite warnings against returning to the south from the Iran-backed militant group, Lebanese officials and the Israeli army, which continues to occupy parts of the area. “We set off an hour before the ceasefire took effect so we could reach the bridge once it opens, allowing us to return to our town,” said Atrash, 37, who fled north at the start of the war. “The wait is very difficult because we want to get there as quickly as possible,” she told AFP as she sat in her car in a line stretching for kilometres northeast of the coastal city of Tyre. The 10-day ceasefire between Lebanon and Israel went into force at midnight, hours after it was announced by US President Don...