Yelay retweeted
tokenization is non-negotiable
"Every asset will be tokenized - private equity, real estate, fine wine. It’ll all trade 24/7 on permissionless networks like a stock." - @vladtenev
in 10 years, trading assets on traditional 9-to-5 banking rails will look as absurd as sending a paper letter instead of an email
A rate cycle did more for tokenization than a decade of protocol development.
Here's the framework we use to think about what comes next 👇
💰Tokenized Treasuries proved RWA can live on-chain. Private credit is where it's being decided whether they belong there.
We broke down why the bigger half of the RWA market stays invisible
Private Credit
A form of non-bank lending where specialized investment funds provide financing directly to businesses.
Why it matters:
• $1.7T+ market
• Institutional capital at scale
• Higher income potential than many public fixed-income markets
Yelay retweeted
Tokenized private credit is not just an access problem.
The real question starts after capital is deployed:
who monitors the loans, how realistic is the NAV, and where does liquidity come from if investors want to exit early?
❓Myth: hold the token, own the asset.
✅Reality: true for $BTC.
For RWA the token is a mirror of a claim that lives in contracts and courts. The issuer can freeze it, and bankruptcy goes to a judge. You're buying the legal structure behind the token, and that's what matters.






















