The Tokenization Stack
How capital flows through tokenization. From institutional allocators to productive yield.
Tag: #banking
2 matching players
Institutions
1Who deploys capital into tokenized assets
The biggest asset managers are already onchain. That part happened. The more interesting question is who's actually deploying capital vs. who launched a pilot, put out a press release, and went quiet.
Infrastructure
1Who keeps tokenized assets safe and moving
Fireblocks is the default custodian. Hidden Road sold for $1.25B. The margins in tokenization are in plumbing, not products, and the plumbing layer is consolidating.
Juan Esquivel / October 2026·For educational purposes only.·OverviewCompareStandardsThreadsRegulationTalksAboutPrivacyContactSubmit a fix
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