A two-tier token architecture decomposes complex real assets into fungible element tokens and a composite everything token with two-way convertibility, aiming to improve liquidity and price discovery.
The anatomy of bond ETF arbitrage,
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Element and Everything Tokens: Two-Tier Architecture for Mobilizing Alternative Assets
A two-tier token architecture decomposes complex real assets into fungible element tokens and a composite everything token with two-way convertibility, aiming to improve liquidity and price discovery.