Is This the Missing Link Between DeFi and the Real World?
Banks and middlemen have long dominated finance, dictating who gets to access it and charging outrageous fees in the process. DeFi was supposed to disrupt that, but it still has huge gaps—most notably in how it integrates with real-world assets.
Let's come to think of it, DeFi is mostly about tokens, but what about the real world assets like property or commodities? Right now, they are difficult to get on the blockchain, which reduce what DeFi can actually do. To add insult to injury, different blockchains don't actually get along, which makes it more difficult to move assets between chains.
That is where AB comes in. It bridges that gap by making it possible for real world assets to be listed on the blockchain, shifting those assets seamlessly between networks and giving users more control over how they manage their rewards. Its token already trading on top exchanges and Bitget has launched a PoolX event where participants can earn AB tokens through staking a defined set of assets.
Could AB be the long lost element that propels DeFi to a new level? What do you think?