Crypto: Brad Garlinghouse predicts a bright future for tokenization

For the boss of Ripple, the2023 edition of the Swell conference in Dubai was a success. Why choose Dubai for this annual meeting? It seems that the city is become crypto-friendly and even displays great ambitions for Web3. Details !

Ripple boss praises Dubai

Last May, the company issuing the crypto XRP inaugurated its Dubai subsidiary. An initiative which earned him the praise of the Dubai Media Office which treated him on the occasion of “ leading provider of blockchain solutions for businesses “.

“ I am very proud of Ripple for making Swell possible – it truly takes a village. We chose Dubai in particular because the city has become a global leader, attracting entrepreneurship with clear regulatory frameworks, innovation-friendly policies and much more. We will come back. »

Organizing the 2023 edition of Swell in Dubai, on November 8 and 9, was therefore a logical continuation of Ripple’s actions in this region. According to U°Today, Brad Garlinghouse gave a speech praising the work his team did in organizing this annual conference. He did not miss, in his publication on X (formerly Twitter) the beginnings of this adventure:

“ From Toronto in 2017 to today, we’ve taken Rippel’s Swell around the world. I closed out this year’s event with a fireside chat with CNBC’s Dan Murphy to talk about how we’ll move to the next phase of enterprise adoption of cryptocurrencies with regulatory clarity. »

6 years later, the company behind the crypto XRP decides to organize the conference in Dubai, the city where it intends to transfer its head office from San Francisco. Hadn’t she made this choice because of the lack of clear regulations on cryptos? Because without this, this industry will not experience real development. And companies from this sector will simply experiment.

However, it is from this sector that “tokenization” will come, another alternative that traditional finance investors (TradFi) will have to monitor closely.