Capital Allocators – Inside the Institutional Investment Industry avatar

Dexa/Capital Allocators – Inside the Institutional Investment Industry

Learn more
Published Sep 17, 2018

Stephen McKeon – Professor of Crypto Security Tokens (Capital Allocators, EP.69)

Stephen McKeon, an esteemed academic in crypto assets, delves into the revolutionary impact of blockchain and security tokens on finance, addressing challenges in market accessibility and asset management. He shares insights from his multifaceted career path that led him to the forefront of this transformative field.
Episode Highlights
Capital Allocators – Inside the Institutional Investment Industry logo

Topics covered

Popular Clips

Episode Highlights

  • Interoperability

    Interoperability between decentralized blockchain systems and traditional financial structures presents both challenges and opportunities. highlights the importance of creating standards that allow different platforms to work together, which is currently lacking due to strategic forces in centralized entities 1. He explains that blockchain's interoperability allows for programmable securities, enabling assets to move seamlessly across platforms, unlike current systems where assets are often locked within a single platform 2.

    Blockchain offers us protocols that are specifically built to move value.

    ---

    This innovation is crucial for developing markets and wallets that can handle diverse assets, fostering a more integrated financial ecosystem.

       

    Accessibility

    Blockchain technology is revolutionizing market accessibility by lowering barriers and opening new investment opportunities. discusses how tokenization can democratize access to private securities, allowing accredited investors worldwide to participate, thus increasing market depth and liquidity 3. He also notes that while 24/7 trading is possible, it may not be suitable for all assets due to liquidity concerns 4.

    Some assets are going to trade 24/7; many assets already do.

    ---

    This shift towards more inclusive markets could transform how investments are made and managed.

       

    Innovations

    Emerging innovations in blockchain are reshaping the investment landscape by enhancing capital connections and exploring new asset classes. emphasizes the role of digital platforms in streamlining networking and collaboration among investors, which can lead to more efficient capital allocation 5. He also explores the economic fundamentals of crypto assets, such as how price volatility affects their use in transactions and the potential of Initial Coin Offerings (ICOs) as a new form of equity issuance 6.

    We were really interested in how price volatility impacted consumers.

    ---

    These innovations are paving the way for a more dynamic and adaptable financial system.

Related Episodes