Phil and Dom Kwok, co-founders of EasyA, argued that asset tokenization could transform access to global wealth through XRP. Phil, who is also a crypto analyst, explained that asset tokenization will give every billionaire access to instant liquidity.
Referencing a Financial Times report, the analyst highlighted a paradox in wealth management. “The trick to being a multibillionaire is having zero liquidity,” Phil Kwok wrote in an X post.
Phil sees this as a positive signal for crypto because tokenization offers a solution to real-world problems. He explained that tokenization involves converting real-world assets (RWAs) into digital tokens on a blockchain, making them divisible, tradable, and always accessible.
This addresses the liquidity issue by allowing billionaires to unlock value from their holdings without selling them outright.
Phil extends the benefit of tokenization beyond billionaires to the general public. Notably, tokenization democratizes access to high-value assets through fractional ownership.
The analyst explained that this inclusivity is a game-changer, as it lowers the entry barrier. It also taps into retail investor demand, a market far larger than the ultra-rich segment.
Phil added that crypto will no longer play second fiddle to traditional finance (TradFi), which relies on slow, centralized systems with high costs and limited trading hours.
To Phil, the advantages of tokenizing assets on blockchains position crypto as a superior alternative, potentially overtaking TradFi in efficiency and adoption.
Expanding on Phil’s statements, Dom Kwok focused on how billionaires manage their wealth. Dom stated that the world’s wealthiest individuals grow richer by never selling their appreciating assets, such as stocks or real estate.
XRP Tokenization Insight | Source: Dom Kwok
Dom revealed that EasyA plans to make this model available to everyone, beginning with XRP, the Ripple-backed coin.
The comments from Phil align with growing interest in crypto-backed loans to allow people to access cash without selling their crypto. Under this system, users can lock up coins like XRP as collateral.
They can also borrow stablecoins or fiat currency, and repay later, retaining any gains if the price of the coin rises. This approach, however, allows billionaires to defer taxes. Still, some community members have raised concerns about market risk and liquidation.
Dom, however, suggested that future borrowing systems should allow users to customize their margin of safety. As a result, conservative investors can borrow less and reduce their liquidation risk.
The comments from the EasyA founders align with a broader XRP movement into decentralized finance (DeFi) and tokenization infrastructure.
Ripple continues to develop tokenization RWA initiatives, aiming to make XRP a bridge currency for global liquidity. In a recent study we reported on, Ripple CEO Brad Garlinghouse said XRP positions as a strong candidate for RWA tokenization.
Meanwhile, Ripple predicted in an April report that the tokenization market could reach $18.9 trillion by 2033. To further expand its tokenization push, Ripple is planning to establish a National Trust bank.
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Highlights: Flora Growth announces $401M PIPE financing round aimed at establishing an AI Zero Gravity (0G) coin treasury. DeFi Development Corp. led the fundraising exercise with strong support from other companies. Flora Growth will rebrand to ZeroStack following the successful completion of the PIPE financing round. One of the world’s leading decentralised artificial intelligence (AI) treasury companies, Flora Growth, has announced the pricing of a $401 million private investment in public equity (PIPE) round. According to a September 19 press release, the move aims to fund the firm’s treasury strategy centred on AI Zero Gravity (0G) tokens. Upon completion of the PIPE round, Flora Growth will rebrand to ZeroStack, while still maintaining its current market ticker symbol, FLGC. Notably, the financing round is expected to close on or before September 26, 2025, pending customary approvals. Flora Growth Corp. (NASDAQ: FLGC) announced a $401 million PIPE financing led by Defi Development Corp., Hexstone Capital, and CSAPL. 0G Co-Founder Michael Heinrich will become Executive Chairman. The deal is expected to close on September 26. The company will adopt $0G as its… — Wu Blockchain (@WuBlockchain) September 19, 2025 Flora Growth Announces $401M PIPE with Strong Backing from Leading Crypto Firms DeFi Development Corp. (DFDV), the first treasury firm focused on Solana (SOL), led the financing round with a $22.88 million investment. Other partners included Hexstone Capital, Dispersion Capital, Blockchain Builders Fund, Carlsberg SE Asia PTE Ltd (CSAPL), Abstract Ventures, Salt, and Dao5. The fundraising exercise has already generated $35 million in cash commitments and $366 million worth of in-kind digital assets. Flora Growth sold its common shares and pre-funded warrants to investors at $25.19 per share. The company also pegged 0G tokens contribution at $3 per coin, adding that investors paying either cash or 0G tokens will also receive pre-funded warrants, exercisable once shareholder approval is granted. A big NASDAQ company (Flora Growth) just announced they’re raising $401 million. ︎ They plan to buy and hold $0G tokens as part of their company’s savings/treasury. Flora’s deal values $0G at around $3 per token for their planned purchase. Right now $0G is trading below… pic.twitter.com/qhOa3uT5ii — Jimmywontgiveup(Ø,G) (@jimmywontgiveup) September 20, 2025 Flora Growth Plans to Hold SOL in Its Treasury Flora Growth noted that it plans to hold part of its treasury in SOL. Joseph Onorati, the CEO of DeFi Development Corp., spoke on the partnership.“We’re thrilled to partner with FLGC on this fundraiser and look forward to driving a deep collaboration between 0G and Solana,” the CEO stated. Daniel Reis-Faria, Flora Growth’s incoming Chief Executive Officer (CEO), also spoke on the company’s latest initiative. He explained that the move encompasses financial restructuring and support for adopting AI infrastructures. The CEO commented: “This treasury strategy offers institutional investors equity-based exposure, enabling transparent, verifiable, large-scale, cost-efficient, and privacy-first AI development.” A Brief 0G Token Overview, Highlighting Reasons for Flora Growth’s Interest 0G is gaining significant traction, which has made experts describe the token as a breakthrough in decentralised AI. 0G’s model trained a 107 billion AI parameter model, representing a 357x improvement over Google’s DiLoCo research, challenging the idea that huge centralised data centres are needed for such projects. The 0G network proved that a decentralised network is highly effective for cost-effective computations, with transparent and privacy-first solutions. Unlike other AI blockchains, 0G integrated its computation, storage, and training marketplace into one platform, attracting Web2 and Web3 developers. In related news, Crypto2Community reported that Brera Holdings, an Ireland-based company, completed a $300 million PIPE financing round for a Solana-focused treasury on September 19. The fundraising program was led by Pulsar Group, a blockchain advisory firm based in the UAE. It received strong backing from the Solana Foundation, RockawayX, and ARK Invest. Like Flora Growth, Brera Holdings also rebranded to Solmate. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

