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Tokenization of traditional assets drives blockchain adoption
Superstate CEO Robert Leshner believes that tokenizing cars, houses, and especially stocks will drive mainstream blockchain adoption.
Tokenization transforms real-world assets such as stocks, bonds, or gold into digital tokens on the blockchain, enabling faster transactions and programmability through smart contracts.
Successful tokenized treasury funds like BlackRock’s BUIDL ($2.3 billion) or Franklin Templeton’s BENJI ($846 million) demonstrate increasing interest from institutional investors.
Leshner emphasized that tokenizing stocks will “accelerate” adoption: investors can self-custody their stocks, bring them into DeFi protocols to borrow against them, then use those funds to buy cars or houses, completely outside the traditional system.
Superstate has supported the tokenization of Solana Company and Galaxy Digital stocks on the Opening Bell platform, enabling 24/7 trading and real-time settlement while maintaining legal structure and investor rights.
Leshner also highlighted the potential for mobility: transferring stocks between accounts remains difficult, but tokenization can solve this problem, opening up more flexible financial use cases.