CandleFocus

The Shopification of Wealth

This article discusses how the wealth management industry is poised to be transformed by blockchain technology. It compares the impact of Shopify on e-commerce to the potential impact of on-chain rails on the financial advisory business. The article highlights the challenges faced by traditional Registered Investment Advisor (RIA) firms and the consolidation happening in the wealthtech space. It suggests that tokenized assets have the potential to revolutionize the investment landscape, offering increased liquidity and access to a wide range of asset classes. The article concludes by predicting the emergence of a new breed of RIAs who can advise clients on-chain, providing open and transparent expert advice.

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