Atomic swap protocol for BSQ-BTC trades about proposals HOT 2 CLOSED

To issue other assets as colored coin will be a bigger effort. Other colored coin projects like Colu, Omni or Counterparty have different more complex transaction concepts (encoded in data, not utxo based) so that will be hard to integrate.
At the end I think the offchain trade protocol delivers a much more flexible and simple way and does not require an onchain tx per trade which will become more important once tx fee become expensive again.

from proposals.

This is extremely important. If it can be done well, it will serve as a model for future decentralized, trustless exchange between all type of financial assets running on top of Bitcoin.

A full financial system can be built in which intermediaries are optional.

from proposals.