Blockchain: A New Era Revolutionizing the Global Asset Market

More than a decade ago, a well-known venture capitalist published an article in mainstream media about how software would change the world. This article accurately foresaw the rapid development of the internet and the subsequent rise of tech giants. Today, we stand at another technological turning point, where Blockchain technology is reshaping the global financial system in unprecedented ways.

Recently, a well-known online brokerage announced the launch of blockchain-based stock token trading services in Europe, marking the beginning of "Blockchain swallowing the world." This is not just a patent of cryptocurrency companies; traditional fintech companies are also starting to venture into this field. The company also plans to tokenize a portion of the equity of unlisted companies, including some highly regarded tech giants. This move has garnered widespread attention in the financial sector and has driven the company's stock price to a new high.

Currently, the total market capitalization of the global cryptocurrency market is about $3.4 trillion, while the total market capitalization of the traditional stock market reaches $135 trillion. This means that the potential market size for tokenized stocks is enormous, and the current penetration rate may be less than 0.1%. Industry insiders believe that when this ratio exceeds 3%, the industry will experience real explosive growth.

However, the tokenization of stocks is just the tip of the iceberg of blockchain technology applications. Last year, a well-known figure in the cryptocurrency industry released a proposal regarding the development prospects of digital assets. He predicted that the global digital capital market is expected to grow from $20 trillion to $280 trillion, while the digital asset market (excluding Bitcoin) could grow from $1 trillion to $59 trillion.

Currently, we are facing three important turning points: the global demand for stablecoins, the blockchainization of government bonds and money market funds, and the rise of stock tokenization. These trends are collectively driving the vision of "everything on the chain" towards gradual realization.

Although these numbers may seem somewhat unrealistic, it is worth remembering that ten years ago, the prediction of Bitcoin reaching $100,000 was also considered a pipe dream. Today, Bitcoin's price has surpassed $110,000 and continues to set new highs.

In the foreseeable future, Blockchain technology will reshape the presentation of assets and the way value is transferred. At the same time, artificial intelligence is changing the way information is acquired and bringing about a productivity revolution. Both of these technologies have undergone more than a decade of latency, from being overlooked to bubble expansion, and now to value reshaping, and it seems that they are both on the eve of an explosion.

As the stock tokenization market continues to expand, we look forward to seeing more large financial institutions and technology companies join this movement. This revolution has just begun, and future developments are sure to be exciting.