From private equity credit to public stocks, tokenization is consuming the entire capital market.

Securitize's first-quarter revenue reached $19.5 million, a record high, up 39% year-over-year; tokenized asset management totaled $3.4 billion, with an overall asset management scale of nearly $25 billion, quarterly trading volume of $1.9 billion, and approximately 650 active funds. In collaboration with the New York Stock Exchange and Uniswap, and approved by FINRA and SEC, they are promoting tokenized stocks, IPOs, and on-chain securities, demonstrating that tokenization is evolving toward a more interconnected financial system.