"He believes that there is real-world asset support behind these tokens, which makes the tokens more legitimate and they can take advantage of the benefits of the underlying blockchain technology..."
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See AllWall Street did it! At least that is one of the theories about the cause of the nearly US$50 billion meltdown of Terraform Labs stablecoin and LUNA cryptocurrency. How does that stand up? "Michael Won
Secures investment from Wealthking Investment to further explore market opportunities and grow investor base Hong Kong – 12 April, 2022 – Hong Kong SFC-licensed blockchain and virtual assets manager
https://opim.ac-page.com/reg20211215crypto?test=true Our partner, Marco Lim, is excited to be participating in the debate-style conference held by our partner, OPIM, on Dec 15, 2021. The topic of the