A great Medium post from portfolio company Universal Market Access "UMA" on what they learnt from offering synthetic access to the top 500 US exchange-listed equities by market capitalization, margined in Dai.
What we learned People are excited about synthetic assets — regardless of geography or ideology, people are excited about adding UMA’s technology, a decentralized financial primitive, to the DeFi toolkit.Early adopters in crypto (the users of today) are seeking volatility, not “boring” real world assets; investors today are drawn to crypto for its intense volatility. Today’s crypto users are less interested in traditional assets; we expect this to evolve over time, but in the near term we expect investors to want “crypto-like” volatility.USStocks is one step closer toward universal market access, but other barriers still exist which we’re not addressing ourselves: in particular, people today that don’t have access to financial products like the US stock market often don’t have access to crypto or don’t have easy ways to manage their private keys and assets.
https://medium.com/uma-project/usstocks-learnings-and-next-steps-2df4ab2f48b5