[spurdoman77]

> The fact that Coinbase did a DPO instead of some kind of fancy DeFi-based offering is telling in their potential lack of conviction in the ability to offer public securities at this stage in the game through some of these smart contract based platforms. I'm sure @barmstrong has spent a lot of time thinking of this, I certainly would be if I was him.

I think the reason is very simple. Traditional markets have way more investable capital, which leads to better liquidity and higher price. Yes it is possible to issue an equity token, but credible companies will get better valuation and liquidity from traditional equity markets.

[arthurcolle]

This is definitely the right answer - I am fully aware that this is the case, but I think it's a useful signal that indicates that these alternative capital technologies are not mature, and that instead of everyone trying to tokenize everything for their own business, maybe some rockstar programmers should maybe elect to build out the core infrastructure a bit more first.

[minasmarios]

Did you started actually working on the idea then?