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.