We throw the phrase around constantly. You throw it around. I throw it around. The entire industry throws it around. “Tokenization is inevitable.” But why? Because look at what we’re actually talking about. We’re talking about taking financial assets that have existed for decades, sometimes centuries, and moving their representation, ownership records and the processes around them onto blockchain infrastructure. We’re talking about markets that currently operate within different systems, with different intermediaries, restricted operating hours, settlement delays and geographical limitations. Tokenization has the potential to change that. 24/7 markets - Financial assets that can be transferred and settled beyond traditional market hours. Faster settlement - Reducing the time and complexity involved in moving assets between parties. Greater accessibility - Making certain asset classes available to a wider range of investors. Programmability - Assets that can interact with smart contracts, automated payments and DeFi applications. Global distribution - The ability to distribute financial products across borders and connect previously disconnected markets. Operational efficiency - Reducing reconciliation, paperwork and unnecessary intermediaries. And perhaps the biggest reason? The underlying technology doesn’t need to replace the entire financial system overnight to become valuable. It just needs to make certain parts of it work better. That’s why I believe tokenization is inevitable. Not because every asset will be onchain tomorrow, not because every token will succeed, and certainly not because every financial institution will use the same infrastructure. But because the advantages of bringing financial assets onto programmable, internet-native infrastructure are becoming increasingly difficult to ignore. The question isn’t whether tokenization has a future. It’s what that future actually looks like, who builds it, and how much of the existing financial system eventually moves onchain.