According to the source, Robinhood CEO Vlad Tenev said tokenization will “eat the entire financial system” on Oct 2, 2025, signaling an on-chain shift for asset issuance, settlement, and brokerage rails that traders should map to liquidity venues and custody infrastructure (source: Vlad Tenev public remarks, Oct 2, 2025). Institutional adoption is already underway, with BlackRock’s tokenized USD Institutional Digital Liquidity Fund BUIDL surpassing $500 million on Ethereum in 2024, evidencing demand for tokenized Treasuries and cash management on public chains (source: BlackRock, 2024 fund updates). Citi projects $4–5 trillion of tokenized digital securities by 2030, framing a multi-year flow theme that could concentrate activity on high-throughput L1/L2s such as ETH and SOL as compliance tooling matures (source: Citi Global Perspectives & Solutions, March 2023). Regulatory pilots including MAS Project Guardian have demonstrated tokenized bonds, FX, and collateral with major banks, reducing operational risk for regulated adoption and making settlement finality and interoperability key trading variables (source: Monetary Authority of Singapore, 2023–2024). For equity exposure, Robinhood has launched a self-custody wallet and expanded crypto trading in the EU, aligning its infrastructure with potential tokenized asset offerings subject to regulation, which links HOOD revenues to on-chain activity cycles (source: Robinhood company announcements and filings, 2023–2024). BIS and MAS analyses highlight that fees, throughput, and programmability influence venue selection for tokenized RWAs, making ETH gas costs, SOL throughput, and RWA token yields critical inputs for trade timing and execution strategy (source: Bank for International Settlements, 2023; Monetary Authority of Singapore, 2023–2024).

According to @BitMEXResearch, tokenisation of real world assets is superior to traditional securitization for market efficiency and investor outcomes. According to BlackRock, its BUIDL tokenized fund issues programmable shares on Ethereum that enable on-chain transfers and real-time transparency. According to Securitize, BUIDL subscriptions and redemptions settle in USDC with Securitize acting as transfer agent, directly linking institutional cash flows to crypto rails. According to Franklin Templeton, its tokenized U.S. Government Money Fund records share ownership and daily transactions on public blockchains, demonstrating operational visibility and automated record-keeping. According to 21.co research, tokenized U.S. Treasury assets outstanding surpassed 1 billion dollars in 2024, signaling growing demand for on-chain fixed-income exposure. According to the Monetary Authority of Singapore, Project Guardian pilots showed tokenized asset trading and automated compliance across major banks, evidencing lower settlement friction and higher liquidity potential on-chain.