Legal and financial expert Bill Morgan has spoken about the possible role of cryptocurrency in the creation of the US National Welfare Fund. In his opinion, low-cost digital assets such as XRP can help monetize US assets.

Morgan believes that the US government is likely looking to monetize the asset side of its balance sheet, viewing liquidity as essential. He noted the need for efficient bridge assets that transfer value quickly and cheaply, such as XRP.

Here Morgan explained that monetizing an asset means turning it into cash or turning it into a source of income.

To back up his point, Morgan shared an explanation of Elon Musk's artificial intelligence tool Grok, which suggests that tokenization allows assets to be digitized to increase liquidity, accessibility, and efficiency.

At the same time, AI has recognized challenges such as regulatory compliance, security risks, and the need for standardization across platforms and jurisdictions.

It is currently unclear how the US sovereign wealth fund will work, but experts believe that blockchain and tokenization could play a key role in modernizing the financial infrastructure.