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.Thomas (Tom) Lee (not drummer) FundstratDirect.com thinks stablecoins were only the beginning of Ethereum’s next major story. “Stablecoins was the 2025 story.” “Tokenization to me is so much bigger than stablecoins.” “I think that’s where investors are underestimating how important it is to have a really secure settlement layer.”... show more
28,118 Aufrufe • vor 23 Tagen •via X (Twitter)
13 Kommentare

@fundstrat Narrator: All the serious work did not take place on Solana.

@fundstrat Stablecoins may have just been the opening act

@fundstrat Stablecoins proved that Ethereum can become a settlement layer for global money. Tokenization takes that one step further by bringing the assets themselves onchain.

@fundstrat

@fundstrat ⤴️ Now act.

@fundstrat lol please. ever do a transaction using ethereum? try trading $10 in ethereum, it will cost you $6 to do it. oh the value! 🤣🤣🤣

@fundstrat The overlooked variable is not just issuance volume but settlement finality. If tokenized assets scale, Ethereum’s value accrual may hinge on becoming the neutral, always-on base layer institutions trust for high-value settlement.

@fundstrat The tokenization part nobody prices in: settlement finality vs. the legal wrapper. Moving a bond token in 12 seconds doesn't help if the registry updates T+2. Plumbing has to agree, not just

@fundstrat tokenizing assets on eth is still just rent-seeking on a settlement layer you dont control. same old crap, different wrapper.

@fundstrat The settlement layer is the one part of this that already works.

@fundstrat What validation checks would you require before a tokenization protocol can be deemed a secure settlement layer for autonomous agents?

@fundstrat Agreed on direction. Here is the bit that keeps getting priced at zero. Two exchanges wrap staked ETH. One pays 2.39%, the other 2.30%. Nine basis points apart. We score them 85 and 31. Secure is not a property of the chain. It is a property of whoever is holding the keys.

@fundstrat 스테이블이 시작이었다면, 토큰화가 다음 장이라는 정리죠~

