The issue of asset on-chain is truly a recurring topic. Each time at the end of a bear market, someone brings it up, talking about property on-chain and art tokenization, which sounds beautiful.

But the reality is: the regulatory framework is not even established, what chain are you going to use? Traditional financial institutions are still observing DeFi, and they want to jump straight to asset tokenization? It's basically a dream.

The more critical question is, for truly valuable assets, why would they go on-chain for you PVP players to speculate? Will real estate developers tokenize prime locations for retail investors to take over? It's more practical to sell directly to institutions.

I see that most of the so-called RWA projects in the market now are just concepts packaged to harvest profits. True asset on-chain indeed requires several years, but what is needed even more is the maturity of the entire industry. Now, even the regulation of stablecoins is still in dispute, so how can we talk about asset tokenization? $HIFI