124,000x is pure hopium tbh. Yeah the market is huge, but tokenizing equities isn’t just tech… it’s regulation, custody, compliance, brokers, everything. That’s the bottleneck, not “we didn’t build it yet”. There’s upside for sure, but people throwing 100k x numbers are just multiplying TAM, not reality.
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124,000x is pure hopium tbh. Yeah the market is huge, but tokenizing equities isn’t just tech… it’s regulation, custody, compliance, brokers, everything. That’s the bottleneck, not “we didn’t build it yet”. There’s upside for sure, but people throwing 100k x numbers are just multiplying TAM, not reality.