🚨NEW EP ALERT: The State of Tokenization in 2026🚨 In today’s episode, we’re diving into the state of tokenization, unpacking what “real usage” actually looks like beyond headlines. Plus, the TradFi onchain vibe shift happening at conferences. We discuss: - The suits takeover and the Agora side-event - TradFi players moving onchain (Bloomberg, S&P, and more) - “Crypto is fintech now” and the industry narrative split - State of Tokenization dashboard - Transferability vs composability: what actually makes assets useful - Permissioned wrappers, regulatory constraints, and 24/7 markets - How DeFi can learn from curated collateral standards (Morpho) - Why real estate is uniquely hard to tokenize - Better tokenization metrics: wallets, velocity, volume, DeFi deployment - Perp rails and Hyperliquid catching TradFi attention - What’s next: how much TradFi volume moves onchain And more—enjoy — Timestamps: (00:00) Intro (03:21) TradFi moves onchain (04:35) Crypto becomes fintech (15:57) State of tokenization dashboard (20:55) Redemption frictions and heatmap (27:21) Morpho collateral rating lessons (30:35) Wrappers vs composability limits (36:55) Real estate tokenization problems (41:35) Metrics beyond tokenized value (44:22) Perps and Hyperliquid draw (52:27) Outro