According to @julian2kwan, the World Economic Forum frames tokenization as a structural shift and treats it as market infrastructure rather than an experiment, product, or trend, positioning it as a new layer for asset issuance, representation, and transfer, source: @julian2kwan on X (Jan 1, 2026). Kwan adds that the benefits of tokenized assets—faster settlement, improved transparency, fractional access, and operational efficiency—are real but conditional on integration with existing institutional custody, reporting, compliance, and legal frameworks, source: @julian2kwan on X (Jan 1, 2026). He emphasizes that the hard work lies beneath the token, citing the need for interoperability, regulated settlement, controlled access, auditability, and jurisdictional clarity to handle real volume under real rules, source: @julian2kwan on X (Jan 1, 2026). Kwan concludes that tokenization without real settlement rails is just a new wrapper on old friction and that the next phase will reward builders whose systems can handle institutional capital, underscoring that institutional participation hinges on mature settlement and compliance rails, source: @julian2kwan on X (Jan 1, 2026).