The Future of Money Tokenized Treasuries, AI Agents & Crypto's Biggest Risk
Apr 8, 2026
Marcin Kaźmierczak, co-founder of RedStone, builds on-chain pricing and risk data. Teddy Pornprinya, co-founder of Plume, creates distribution and UX for tokenized assets. Sidney Powell, CEO of Maple Finance, runs on-chain institutional lending. They discuss tokenized treasuries' breakout, institutions reshaping RWA markets, 24/7 pricing and oracle needs, AI portfolio agents, UX hurdles, and tokenization-driven market risks.
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T-Bills Sparked The RWA Breakthrough
- Tokenized T-bills were the breakout moment for RWAs because they combined rising yields with very short duration and low credit risk.
- Sidney Powell notes rising T-bill yields and improving regulatory clarity pulled traditional allocators toward tokenized private credit and funds.
Distribution Unlocks Buy Side Adoption
- Buy-side demand requires clarity on what investors are actually buying and the asset's risk-return profile.
- Teddy Pornprinya explains Plume integrates distribution into exchanges, wallets and custodians so investors can access RWA products seamlessly.
RWA Looping Creates New Liquidity Paths
- Institutional tokenized funds enable new composability like using LP tokens as collateral to borrow, creating RWA looping.
- Teddy says Plume enabled RWA looping months after launch, increasing liquidity and utility but creating novel leverage dynamics.