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JimmyGunawanSE.M.Fi
JimmyGunawanSE.M.Fi

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Why I Left Banking to Bet on "Programmable Money" (RWA)

Hello Devs.

I spent 20 years in traditional finance (Morgan Stanley, Temasek). I stared at legacy banking systems (COBOL mainframes, SWIFT messaging) that take 3 days to settle a transaction.

It is inefficient. It is broken.

That is why, for 2026, my investment thesis is heavily focused on Real World Assets (RWA). This isn't about buying meme coins. It's about the engineering challenge of bringing off-chain assets (Real Estate, Bonds, Invoices) on-chain.

The Engineering Challenge:

The Oracle Problem: How do we trustlessly verify that the physical gold exists in the vault?

Identity: How do we implement KYC/AML at the smart contract level (ERC-3643 standards)?

Latency: Can L2s handle the throughput of a national stock exchange?

If you are a developer looking for a sector to build in, ignore the hype. Look at DeFi Infrastructure. The banks are desperate to update their backend, and they will pay a premium for the engineers who can bridge Solidity with SQL.

I write about the intersection of Institutional Finance and Tech here: https://www.jimmygunawan.com/

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