Today the Tokenized Asset Coalition added COTI to their ranks whose goal is to tokenize real world assets and keep them on chain. This RWA is worth trillions of dollars and will be massive for crypto.
COTI is now members of the TAC and the ATC which is the African Token Council which covers (MENA). The only reason why COTI is being invited to join these elite society's is the other members know they need COTI's privacy technology. Without privacy embedded in the RWA tokens they are not investable and the Garbled Circuits will encrypt the transactions keeping private confidential data a secret between the parties involved.
Just looking at having Fidelity Investments as a partner member knowing they have over $4 trillion in assets under management now sitting at the same table as COTI is quite a big deal. DRW who I have never heard of before is a privately owned business that has $3.8 billion under management with over 2100 employees.
The good news with COTI on board within two major groups is that they are there for a reason and everyone involved has to incorporate the COTI Garbled Circuits to encrypt the transactions. This ultimately means COTI behind the scenes will be part of every transaction even if it is earning a miniscule of a percent. Millions or tens of millions of transactions even with very small percentages add up very quickly and these earnings are used to buy COTI off the exchanges and sent to the COTI investors staked in the Treasury as an APR.
My current base APR is 6.45% out of the total 16.38% and I expect over time through use cases will have to rise once the application service fees start flowing. All of this is still in it's infancy so wait until this actually starts to grow and become something rather important which we all know RWA will be massive. I find it crazy to think COTI being used on every RWA transaction, CBDC transaction plus any business financial banking transaction because privacy is one requirement they have all stipulated they have to have. This is a non negotiable for mass adoption and COTI's Garbled Circuits is making this all possible.
How much revenue could this bring to COTI is the exciting an unknown part yet to be revealed. COTI is ranked 311 by Market Cap coming in with a valuation of only $126 million so saying there is room to grow is an understatement. COTI is a payment service provider and has had to add the privacy tech because clients requested this new technology. This privacy tech has transformed COTI and they are now considered an important part of crypto by adding the technology that had been missing for adoption to take place. How much is COTI worth and I would say on an importance factor alone it is a top 20 crypto and maybe even higher.
I would go as far to say that this tech developed is the most important tech added to crypto in the last 10 years mainly because it makes crypto and online transactions a usable product for institutions. This was the missing link and why we will see adoption start to gather pace with various cryptos being used for institutional payments. Whether it is XRP, SOL or LINK or any other crypto they will all have the Garbled Circuits added to their code.