Right now, everyone talks about tokenized funds, but there are two very different ways to build them.

The first, and most common today, is ad-hoc tokenization: wrapping existing offchain funds into an onchain wrapper via RWA platforms. The second is building natively tokenized funds: programmable, composable, and fully onchain from day one. Innovative businesses are already anticipating this next wave.

Enzyme supports both models. Understand the difference ↓