The Future of Finance: How Blockchain is Bringing Real-World Assets On-Chain
This week on The Index, Alex Kehaya joins Eli Cohen, General Counsel at Centrifuge, to break down how crypto is transforming traditional finance by bringing real-world assets (RWA) on-chain.
Eli’s blockchain journey began in 2017 at CME Group, where he helped launch Bitcoin futures, exposing him to the inefficiencies of legacy markets. Municipal bonds take ten days to settle. FX swaps carry days of currency risk. Mortgages still rely on paper. These bottlenecks lock up trillions—tokenization is the solution.
Centrifuge started with trade receivables for small businesses and has since scaled into institutional finance, launching a $40M US Treasury pool in 2023. The shift is clear: on-chain assets are going mainstream.
Regulation remains a battleground. Eli unpacks the SEC’s aggressive stance, the "chokepoint" banking restrictions, and why the post-election landscape could reshape global policy.
With BlackRock entering tokenized treasuries, the crypto-finance crossover is accelerating. This isn’t just digitization—it’s a full-scale reinvention of how assets move and who gets access.
Whether you're a crypto investor, builder, or just watching the space, this episode reveals why RWA tokenization is the next big thing.
Centrifuge: https://centrifuge.io/
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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