“每一只股票、每一只债券、每一个基金——每一种资产——都可以被代币化。如果它们被代币化，将会彻底改变投资。” — 拉里·芬克，黑石集团首席执行官

“Enchanting, but Not Magical” Here are three approaches to tokenizing stocks I see in Crypto Mom’s speech and as described by @rleshner (in my own thumbnail sketch) 1. Issuer tokenizes 2. 1:1 tokens 3. Derivatives (‘tokenized swaps’)