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Ethereum getting destroyed in the tokenisation war?! Token Terminal ๐Ÿ“Š made a controversial post claiming that Ethereum is "losing the tokenized RWA race". Its claim is backed by the fact that $ETH's dominance across sectors like tokenised stocks, commodities and funds is being eroded. In particular, by the likes...

19,421 views โ€ข 4 months ago โ€ขvia X (Twitter)

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Holding a tokenised stock just became something completely different. $ONDO just partnered with Broadridge Financial Solutions, the company that settles over $15 trillion in securities every single day and serves over 10,000 public companies as the backbone of global investor communications. Here is what this actually means. Until today, holding a tokenised stock onchain gave you price exposure. That was it. The voting rights, the governance participation, the shareholder communications that traditional investors take for granted, none of that transferred to the onchain wrapper. That gap was the strongest argument against tokenised equities being taken seriously as a real alternative to traditional stock ownership. That argument no longer exists. Holders of more than 250 Ondo tokenized stocks and ETFs can now: - Submit voting preferences for underlying shares - Review prospectuses - Access regulatory filings - Receive the same investor communications that traditional shareholders receive Through Broadridge's established infrastructure. Weighted proportionately by token ownership. Onchain token. Traditional shareholder rights. Simultaneously. This is Ondo's core design goal made real: tokenized stocks that meet every standard of traditional markets while adding everything blockchain infrastructure uniquely enables. 24/7 trading. Instant settlement. Permissionless access. Global reach. And now full governance participation. The numbers behind this announcement deserve to sit on their own line: $800 million in TVL across 250+ tokenized stocks. Roughly 70 percent total market share in tokenized equities. Available on Solana, Ethereum, and BNB Chain. Supported by Binance, Bitget, MetaMask, Ledger, and Blockchainโ€คcom. Ondo is not building toward dominance in tokenised equities. It already has it. This partnership with Broadridge is not a growth move. It is a maturity move, the difference between a crypto product that mimics traditional finance and an on-chain product that fully integrates with it. The last wall between tokenised stocks and real stocks just came down. The people who understood $ONDO before this announcement already know what it means for where this goes next. The people who read this and still wait for more confirmation will explain later why it was obvious all along.

2xnmore

25,587 views โ€ข 5 months ago

Tom Lee: Ethereum DATs can use ~$500 million in annual staking rewards to fund grants for Ethereum ecosystem โ€œThe Ethereum Treasuries โ€” Bitmine and Sharplink among others โ€” now own 7% of the Ethereum supplyโ€ฆ Treasury stock is essentially supply permanently taken out from the ecosystem, but we also own the yield. The yield is around 3% so today these public treasuries are generating ~$500 million in rewards, and that is what we can use to fund and grant the crypto ecosystem.โ€ Lee believes that the Ethereum Foundation narrowing its focus to CROPs (censorship resistance, openness, privacy and security) is the right decision. โ€œEthereum is a $240 billion network value entity. It has been operating for 11 years without a single day of downtime. Thereโ€™s 11,500 nodes in 89 different countries. And thereโ€™s 15,000 developers. I think this is too big to be coordinated by a single foundation.โ€ As Ethereum continues to scale, he believes the ecosystem will move beyond a foundation-centric model and points to private companies like Etherealize, Optimism, Consensys, Enterprise Ethereum Alliance, and Offchain Labs that represent the Ethereum ecosystem and are already doing enterprise engagement. โ€œThis list doesnโ€™t yet reflect the spinoffs coming from the Ethereum Foundation. Thereโ€™s at least five, and I think Bitmine will play a role in granting and supporting any of those that come out.โ€ โ€œI think Ethereum is in good hands because the foundation is going to be stronger by staying focused. We have a lot of private sector companies already building products and important L2s on Ethereum. And of course, the treasuries are here to help with funding and grantingโ€ฆ If youโ€™re bearish, you are selling at the bottom.โ€

Etherealize

126,158 views โ€ข 4 months ago