Stock tokenization has been a hot topic, but can ordinary people really catch this train?

Recently, industry insiders have openly stated that expectations for this thing should not be too high. Short-term asset tokenization cannot create huge waves, which sounds a bit harsh, but upon reflection, it makes sense.

The key lies in one word—**Integration**. Simply moving stocks onto the blockchain is still superficial. The real power will come when these assets can freely circulate on the blockchain, cross boundaries, be combined, and used as collateral in DeFi. That will be a qualitative leap.

Data can clearly illustrate the point. Currently, over 90% of tokenized assets are still operating on private chains, such as Canton Network, which has aggregated $380 billion. And Ethereum? Only $12.1 billion. What does this gap indicate? Most institutions and assets have not yet truly entered the public chain ecosystem.

From a technical perspective, speed, programmability, and transparent ledgers are advantages that enterprises will ultimately find attractive. But the current bottleneck is very real—still relying on traditional financial routines like KYC and whitelists, which creates a gap from "true DeFi-ification."

**So, how should investors play this?**

Ready to jump in at the mention of "stock tokenization"? Don't rush. The long-term beneficiaries are actually the underlying public chains. Assets incur Gas fees and consume network resources from the start. Rather than betting on a tokenized stock, it’s more reliable to hold onto the mainstream public chain you believe in.

What is the current stage called? It’s **Waiting**. Waiting for clear regulatory frameworks, mature technology, and the organic integration of these assets into the DeFi ecosystem. That’s when the real opportunities will appear.

There are always people making money in the market; the key is who can stay calm and wait.