Been thinking about the whole push to tokenize equities on-chain lately. Strip away the tech narrative and you're really just watching crypto players hunt for exit liquidity—a fresh door to cash out.

Here's the thing: anyone rushing to buy these on-chain stock tokens when the hype drops? You're basically signaling one outcome. The traditional finance crowd had it right all along. They understand what real assets look like. Meanwhile, we're chasing tokenized versions hoping the story sticks.

It's the old playbook repeating itself. Different narrative, same result.