Critics argue tokenized assets still face regulatory gaps and unclear investor protections.
But the direction is clear: traditional finance is moving on-chain.
Follow to track the next institutional shift.
Fink called for tokenization. NYSE built it. ICE owns NYSE.
The trade was hiding in plain sight the whole time.
Follow to track every Larry Fink move before the market prices it in.
ICE owns the infrastructure that global capital markets run on.
Switching away from NYSE settlement infrastructure takes years of regulatory approval.
Tokenization doesn't replace that moat.
It extends it into the next generation of financial infrastructure.