Avalanche Summit: Kevin Miao advocates for tokenization in lending

Avalanche: Avalanche is a high-performance blockchain platform optimized for decentralized applications, real-world asset tokenization, and institutional finance infrastructure. It recently hosted its Summit in New York, where discussions centered on tokenization's potential to streamline lending by reducing intermediary costs. The platform is expanding its ecosystem through integrations with protocols like Aave for onchain credit markets. Kevin Miao: Kevin Miao is the co-founder and CEO of Tare, which is developing next-generation consumer lending infrastructure on Avalanche. He previously founded BlockTower Credit, a private credit fund leveraging public blockchains, stablecoins, and tokenization. At the Avalanche Summit, Miao argued that removing intermediaries via tokenization could return significant value directly to borrowers in lending. RWA Lending: Aave is developing a dedicated RWA lending hub on Avalanche to let institutions borrow stablecoins against tokenized financial assets as collateral without selling underlying positions. Onchain Finance: Avalanche Summit sessions highlighted tokenization's role in moving lending and credit markets onchain to compete with traditional rails and improve capital efficiency. Institutional Tokenization: The New York Stock Exchange has spent the past year testing Avalanche technology as it develops infrastructure for tokenized securities and onchain settlement.