NEW: Dragonfly General Partner Tom Schmidt says synthetic dollars will grow alongside tokenized assets at Korea Blockchain Week 2026. "As we see RWAs grow and tokenized assets grow, I think this strategy is going to get more and more popular."

What happened

At Korea Blockchain Week 2026, Dragonfly General Partner Tom Schmidt said synthetic dollars will grow alongside tokenized assets. He said that as real-world assets and tokenized assets grow, this strategy will become more and more popular.

Confirmed

Global impact / market context

Synthetic dollars are digital tokens designed to track the US dollar without direct bank deposits. If tokenized assets expand, more investors may want dollar-like tokens for trading and settling them, which could increase demand for these products and the firms issuing them.

Analyst inference

Tokenized assets are blockchain tokens representing real-world holdings such as funds, commodities, or debt that is money owed. This comment signals that crypto investors expect this area to expand, potentially drawing more capital and trading activity toward synthetic dollar products rather than only traditional stablecoins.

Analyst inference

What to watch

1. Watch whether Tom Schmidt or Dragonfly gives further public comments on synthetic dollars after Korea Blockchain Week 2026, since his prediction is the main confirmed statement here. Confirmed
2. Watch whether tokenized asset projects announce new products or partnerships that use synthetic dollars, which would test whether Schmidt's predicted link between the two markets is forming. Proposed
3. Watch whether regulators address synthetic dollars directly, because clearer rules could either speed up or slow down adoption by changing what issuers must hold and disclose. Analyst inference

Evidence

• x.com