The Tokenization Stack
How capital flows through tokenization. From institutional allocators to productive yield.
Tag: #otc
2 matching players
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.
Trading
1Where tokenized assets trade
Kraken, Coinbase, Robinhood all list tokenized stocks now. Distribution is still the bottleneck. Retail access might be what cracks it open. Nobody's solved it yet, but that's where the next winner comes from.
Juan Esquivel / October 2026·For educational purposes only.·OverviewCompareStandardsThreadsRegulationTalksAboutPrivacyContactSubmit a fix
Tokenization Map