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Naval: Even if off-chain assets are wrapped onto the blockchain, at most they can only gain minimal accounting convenience.

Naval: Even if off-chain assets are wrapped onto the blockchain, at most they can only gain minimal accounting convenience.

ChaincatcherChaincatcher2025/11/06 07:18
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ChainCatcher News, Silicon Valley's well-known angel investor Naval Ravikant posted on X regarding the idea of "wrapping assets such as real estate and stocks on Zcash," stating, "Only digital, on-chain assets truly make sense. Off-chain assets, even if wrapped onto the chain, can at most gain some minor tracking or accounting convenience, and that's all."

Naval is a renowned angel investor in Silicon Valley. He has invested in well-known tech companies such as Twitter and Uber, and is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList. He is also the author of the well-known book "The Almanack of Naval Ravikant."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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