‘Lowers Barriers’: Deaton on RWA Access; Armstrong Calls It ‘Future Infra’

• John Deaton and Brian Armstrong support tokenization to reduce wealth gaps.
• Coinbase users have deposited nearly $100 million in BTC to borrow USDC
• DeFi borrowing and lending is gaining momentum, backed by top industry voices

Crypto advocate John Deaton believes real-world asset tokenization could help close the wealth gap. 

In a post on X, he joins other top figures backing the rise of DeFi and tokenized finance. Recent on-chain data shows rapid growth in crypto borrowing and collateral activity.

How Can Tokenization Bridge the Wealth Gap?

The former Senate candidate believes tokenization could give more people a shot at financial independence. He said fractional ownership of real-world assets—made possible through blockchain—might lower the barrier to wealth building.

Related: Defi’s New Brain? How AI Could Be Its Ultimate Upgrade

Deaton cited industry support for tokenization from Coinbase CEO Brian Armstrong, Ripple’s Brad Garlinghouse, and BlackRock’s Larry Fink. He said crypto cuts out costly middlemen like banks and remittance services, offering direct access to financial tools for retail.

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