BMNR Bullz
@BMNRBullz
I track $BMNR: weekly holdings, staking, mNAV. ETH and DC only when they move the stock. I hold $BMNR $ETH. Not affiliated. NFA.
Joined March 2014
2K Following 19.1K Followers
Tokenization already has a favorite chain. It’s just not saying the name yet.
Token Terminal: Ethereum $23B of tokenized RWAs about 49% of the market.
stables on ETH: $159.6B about 53% of all stablecoins.
Today:
SEC path for tokenized U.S. stocks on public permissionless rails.
S&P buying OpenZeppelin.
The trend isn’t the question anymore.
Which chain those stocks settle on is.
ETH is winning that argument so far.
$ETH
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Tokenization is a mega trend. Just today, the SEC created a pathway for tokenized stocks to trade in the US, S&P acquired @OpenZeppelin, and DeFi assets are ripping. If you had doubts before, today should put them to rest. The world is moving onchain.
The thing about investing in mega trends is that they go on longer than you think.
ChatGPT launched in November 2022. NVDA was trading for $16. A year later, it was obvious AI was a megatrend and NVDA was up 176% to $46.
The right thing to do at that point was not to kick yourself for missing the move. It was to buy in size. Today, NVDA is $219.
You probably wish you bought into DeFi and tokenization in June when prices were lower. But this is a multi-year transformation of how finance works. If it plays out as I think it will, there is plenty of upside ahead.
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