Jayendra Jog: Tokenized stocks and stablecoins are key building blocks for onchain finance

Jayendra Jog: Tokenized stocks and stablecoins are key building blocks for onchain finance
Tokenized stocks and stablecoins in onchain finance

Tokenized stocks and stablecoins are the two core elements that bring finance onchain, according to Jayendra Jog, co-founder and CEO of Sei Labs.

Jog highlighted three stages for tokenized stocks, beginning with access. He noted that permissionless tokenized stocks became possible onchain only earlier this year, and the next stage is utility, marked by vaults that support yield on these assets.

Earlier this year, Sei Labs engineers completed the first full test of the Sei Giga architecture, showing advanced throughput and finality on an EVM chain, according to a company report. Jayendra Jog has also said that progress on Giga is accelerating, with targets including sub-250ms finality and 200,000 transactions per second throughput for on-chain operations, as detailed in a recent update. These milestones coincide with the firm's ongoing focus on bringing financial products onchain.

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