Andy Baehr, Managing Director of Asset Management at crypto market maker GSR, recently shared his views on the direction of tokenized assets in institutional markets, with the discussion centering on fixed income products.
Baehr noted that tokenized fixed income assets have the potential to play a key role in institutional collateral use cases. Compared to equities, fixed income products are already a common form of collateral in institutional trading and clearing processes—so presenting them in tokenized form essentially connects existing institutional demand to blockchain infrastructure.
When it came to equity tokenization, Baehr used the word "exciting" to describe the concept of bringing stocks on-chain at scale—his tone leaning more toward painting a vision than describing an established path, in clear contrast to his remarks on fixed income.
For now, the publicly available information is limited to Baehr's remarks above, with no specific timeline, products, or partners disclosed.






