Tokenization Was the Easy Part. Collateral Quality Is the Hard One

Tokenizing an asset takes weeks; sourcing collateral that institutions will actually underwrite takes years. As the industry moves past proof of concept into real capital deployment, the bottleneck is no longer the tech stack. It's the quality, legal enforceability and diligence behind the underlying assets. In this session, Estating unpacks what separates a token that trades from a token that sits: how to structure collateral that survives institutional scrutiny, why most real world asset issuances stall at the diligence stage, and what standards need to emerge before tokenized private markets can scale.