Lily Liu, President of the Solana Foundation, analyzed that a long-term 'tokenized asset supercycle' is forming as funds, assets, and ownership migrate to blockchain-based internet infrastructure. Through an op-ed, she stated, "Tokenization is not merely the process of moving existing assets to the blockchain. It fundamentally transforms how assets are issued and held, how funding is obtained, and how transactions are conducted to align with a 24-hour operational market. These changes are being driven by stablecoins, the securitization of assets by financial institutions, and the development of blockchain infrastructure. Stablecoins have already demonstrated the global potential for on-chain fund movement, and blockchain is approaching the speed and cost levels required for real economic activity." She continued, "Now, any asset with clear ownership has the potential to be tokenized. This will broaden the distribution scope of assets and create new opportunities for fundraising and trading. Indeed, over the past year, the transaction volume of Solana's Real World Asset (RWA) tokenization reached hundreds of billions of dollars. US Treasury bonds, stocks, and private loans have been tokenized, and stablecoin transfer volume exceeded $4.7 trillion during the same period." She emphasized that "tokenization can also increase investment accessibility. It can lower barriers related to region, minimum investment, or investor qualifications, and expand opportunities to use held assets as collateral or generate returns."
