Cardano founder Charles Hoskinson says Web3-native platforms already operate at a scale traditional finance has yet to reach.
Cardano founder Charles Hoskinson has reignited debate around blockchain infrastructure. He commented on conventional finance tokenization efforts. His statements followed recent talk on the Canton Network. Hoskinson said legacy finance is in the process of rebuilding systems that already exist in Web3. He said the difference in scales is still significant.
Hoskinson Says Legacy Finance Lags Web3 Tokenization Efforts
Hoskinson revealed that projects associated with XRP and Cardano are way ahead. According to him, these platforms were created for Web3 from the very beginning. In comparison, traditional institutions are still playing around. Therefore, he questioned their long-term competitiveness.
https://twitter.com/IOHK_Charles/status/2004459342532051309
Responding directly to Canton Network developments, Hoskinson said legacy finance is trying to replicate what exists. However, he emphasized these efforts are on much smaller scale. He described the comparison as “100X better than their ambitions.” As a result, he structured Web3 as being structurally better.
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When asked about scale, Hoskinson indicated real world assets. He characterized the RWA market as an opportunity of $10 trillion Therefore, he considers tokenization transformative. According to him, the infrastructure readiness makes winners.
Hoskinson stressed platforms such as XRP and Midnight. He stated both to be purpose-built for decentralized systems. Moreover, he argued they capture the core value of Web3. Traditional systems, he added, do not fully understand that distinction.
Beyond infrastructure, Hoskinson focused on liquidity potential. He paid special attention to the existing supply of XRP. He estimated $100 billion plus worth of XRP that remains yield-free. Therefore, he finds big opportunity.
XRP Liquidity and RWA Tokenization Drive Cardano Strategy
Hoskinson described his bigger vision in late 2025 interviews. He touched on incorporating the liquidity of XRP into the DeFi ecosystem of Cardano. According to him, this may unlock dormant capital. Offering yield opportunities could help attract XRP holders.
And he explained that DeFi protocols on Cardano could support this flow. Therefore, capital efficiency would be raised. This is an approach that he argued is win-win-win for ecosystems. It also increases the Cardano’s Total Value Locked.
Hoskinson was also optimistic about RWA tokenization. He focused on things such as real estate and commodities. Tokenizing such assets has the potential to increase the utility of the blockchain. Further, it could vector institutional capital on the chain.
He suggested using RWA tokenization with Defi and liquidity in Bitcoin and XRP. This combination, he said, could make Cardano a higher position. In his opinion, Cardan could compete or outpace networks such as Solana. Therefore, interoperability becomes necessary.
Instead of considering XRP to be a rival, Hoskinson advocated for collaboration. He suggested ecosystems get value through integration. Liquidity and utility are improved, he said, by strategic partnerships. Midnight, Cardano’s sidechain of privacy, also plays a role.
Notably, Hoskinson’s tone on XRP has changed. Historically, there were strained relations. However, recent actions point to change. Hoskinson pushed himself out to the XRP community.
All in all, Hoskinson made Web3 native platforms the leaders. He turned traditional finance into late-comers. The tokenization race, he argued, is one in which purpose-built systems have an advantage. With a target of $10 trillion RWA, the stakes are still high.
Source: https://www.livebitcoinnews.com/hoskinson-says-xrp-and-cardano-projects-lead-tokenization-race/
