Wall Street is going on chain
In the past week:
- Superstate launched a platform to issue SEC-registered stocks on Ethereum & Solana
- Robinhood is building a blockchain to offer tokenized U.S. stocks to European investors
- SEC Commissioner Hester Peirce proposed exemptions for issuing + settling securities onchain
Robinhood CEO Vlad Tenev put it plainly:
“I think tokenized securities can really push forward U.S. company dominance in the global market.”
I remember in 2019 when people said “tokenization is the next big thing.”
It always felt like it was just around the corner.
Now gradually, then suddenly: Wall Street is going onchain.
Just look at the numbers:
- BlackRock’s tokenized fund (BUIDL) passed $2B AUM
- BCG estimates tokenized fund AUM could hit $600B by 2030
- The total value of tokenized real-world assets is forecast to reach $18.9T by 2033 (BCG x Ripple)
- Over $150B in stablecoins circulate today—and now they power real USD access in markets legacy banks never reached
On top of that, Stripe rolled out stablecoin accounts for businesses in 100+ countries yesterday.
The future of finance just hit fast-forward.
What this means:
→ Equity issuance could bypass traditional exchanges
→ Cross-border payments can run on stablecoins, not banks
→ Settlement is going real-time
→ Smart contracts are replacing middlemen
→ Global capital access is no longer a pipe dream
It’s all connected:
The way we raise, pay, invest, and settle is being replatformed.
– Marc