#真实世界资产代币化# Seeing this news, I can't help but feel a hint of worry. Credit protocols like Grove expanding to the Avalanche chain, investing in tokenized credit products, on the surface seem to be a fusion of TradFi and Blockchain, but there may be hidden risks behind it.

As an old user who has experienced multiple bull and bear markets, I know that this kind of "innovation" is often just old wine in a new bottle. Tokenized assets sound impressive, but in reality, it may just be a gimmick to attract investors. $250 million is not a small amount, and once problems arise, the losses will be very severe.

I advise everyone to stay highly vigilant and not to be deceived by the so-called "top asset management companies" endorsements. Remember, in the on-chain world, there is no such thing as "too big to fail." Carefully study the project details and clearly see where the risks lie; that is the wise course of action. After all, the essence of retail investors is that they are always harvested, not protected.