#PanteraCapital #investing

🚀 The Great On-Chain Migration is Here! 🚀

Pantera Capital’s Franklin Bi says tokenization is no longer just a concept—it’s transforming markets like ETFs did in the ’90s! 📈

🔥 Why it matters: Tokenization is poised to hit an “ETF moment” when:

• Daily on-chain equity volume tops $1B

• Tokenized equity AUM reaches $100B

• A major public company sees more liquidity on-chain than on its home exchange

• A global IPO skips traditional exchanges for direct on-chain issuance

💡 The future: Blockchains will become the go-to for capital formation, price discovery, and value transfer. The shift is coming, and it’ll be obvious in hindsight.