According to @MilkRoadDaily, BlackRock CEO Larry Fink said we are at the beginning of the tokenization of all assets, with equities, bonds, and real estate expected to move onchain (source: @MilkRoadDaily on X, Oct 20, 2025). According to @MilkRoadDaily, real-world assets onchain already total roughly $30B, indicating growing traction for tokenized instruments (source: @MilkRoadDaily on X, Oct 20, 2025). For traders, this outlook elevates the RWA narrative and suggests attention to tokenization rails and onchain yield products as liquidity consolidates around RWA infrastructure if this thesis unfolds (source: @MilkRoadDaily on X, Oct 20, 2025). Given this statement, traders can monitor sector flows and onchain yield spreads versus offchain benchmarks to position around RWA momentum (source: @MilkRoadDaily on X, Oct 20, 2025).