Superstate(@SuperstateInc):On The Pop, @malekanoms brought four contrarian takes on IPOs and markets: 1. Some tokenization is cosmetic. If it doesn’t improve access, incentives, settlement, costs, or ownership, it’s mostly branding. 2. Onchain markets may be easier to regulate. Transparent ownership and transfers could beat today’s fragmented systems. 3. Many intermediaries are products of outdated infrastructure. Some add value. Others survive because the market was built around old constraints. 4. The IPO may no longer be mainly about fundraising. Many companies already have global brands, disclosure, and active secondary markets before they list. So what's the IPO actually for now? Watch and find out:

2026.07.30 16:58

On The Pop, @malekanoms brought four contrarian takes on IPOs and markets: 1. Some tokenization is cosmetic. If it doesn’t improve access, incentives, settlement, costs, or ownership, it’s mostly branding. 2. Onchain markets may be easier to regulate. Transparent ownership and transfers could beat today’s fragmented systems. 3. Many intermediaries are products of outdated infrastructure. Some add value. Others survive because the market was built around old constraints. 4. The IPO may no longer be mainly about fundraising. Many companies already have global brands, disclosure, and active secondary markets before they list. So what's the IPO actually for now? Watch and find out: