Overview
- Panelists stressed that tokenization remains early-stage and that practical on-chain use cases must guide growth.
- Securitize’s Graham Ferguson said the main hurdle is distributing assets on-chain through exchanges in a globally compliant way, citing ongoing alignment challenges with exchanges and DeFi protocols.
- Ferguson highlighted Securitize’s regulator-first model as a registered transfer agent and broker-dealer, noting that tracking beneficial owners at all times complicates integration with DeFi.
- Ondo’s Min Lin pointed to new functionality via Ondo Perps, which lets tokenized stocks and ETFs be posted as margin collateral in DeFi perpetuals to improve capital efficiency.
- Scale indicators cited on stage included BlackRock’s BUIDL fund at over $2.2 billion and Ondo’s TVL near $2 billion, as well as Ondo’s wrapper-driven expansion to 200+ tokenized stocks and ETFs, including BitGo tokenized about 15 minutes after public trading began.